Mortgage Rates

April 5, 2019

US Economic Report and Soaring Home Prices

US Economic Report

Median Home Prices

Median list prices are at a high for the first time in March at $300,000 according to a realtor.com report. According to Realtor, there are 1,349,597 active listings currently on the market with a 4% increase year over year.  ...

View More
March 19, 2019

Real Estate and The New Tax Change

What matters most, higher interest rates or property deductions?

Great outlook on interest rates, the federal reserve is widely predicted to raise rates 0-1 time this year. Last year the federal reserve raised rates 4 times. At one moment in the market last year 30 yr. mortgages were as high ...

View More
May 15, 2018

Rent or Buy!! Who is Right?

 

Rent vs Buy

 

This is a discussion that has and will continue to be a debate in households across the country. Depending on who you talk to you should wait and save your 20% down payment. Most mortgage companies will offer approx 3.5% as a down payment, but you will ...

View More
March 12, 2018

Know This Before You Rent Your Home

Top Questions to Ask Yourself

 

Have you thought about renting your home or purchasing a rental property? When you are thinking about turning your home into a rental you have to ask yourself a couple questions. These questions are essential to ask and answer yourself before turning your home into a rental ...

View More
Aug. 10, 2017

Why Sell Your Property Now?

Sell Before 2017 is Over!!!!

Sell your house now while rates are at all-time lows. If you live in Baltimore and are thinking about selling your house now is the best time to sell. Interest rates are at the lowest since one can remember making mortgage payments for prospective buyers ...

View More
Nov. 22, 2016

Elections Do Not Slow Property Buying In Maryland

Maryland Home Market Remains Active

Being Maryland is directly adjacent to the most powerful city in the world, Washington D.C., we tend to be more in tune with politics than the rest of the country. 2016 has certainly been viewed by many as the most divided and economic uncertain ...

View More
April 11, 2016

What Happens When You Buy a Home

What Exactly Happens When You Buy a Home?

 

As an educated buyer, you have been searching for months to find that perfect home that covers all the checklists.  After a few months of learning, scouring, and negotiating the market, you finally have an accepted offer and are ready ...

View More
Dec. 30, 2015

Interest Rate Affect On Maryalnd Real Estate

How Interest Rate Hike Will Affect Maryland Real Estate

Recently the Federal Reserve increased the interest rates, and this decision came as a shock to many stakeholders, many of whom are located in Ellicott City, Maryland, because interest rates have not been increased in the past 10 years. However, this move was ...

View More
Feb. 10, 2012

Hard Money

I recently responded to an on-line inquiry where a potential buyer was under the impression that an agent would show them properties without providing proof of their ability to pay.

After professionally prodding, the inquirer stated that they were approved to buy a home through a hard money lender however ...

View More
Jan. 9, 2012

Make It Happen

Average mortgage rates are at an all time low, for those determined enough to see the dream of home ownership come to fruition now is the time to make it happen.

Despite the daily briefings of current economic gloom, becoming a home owner can be obtained by all who are ...

View More