Your Home Sold Guaranteed Realty - Vasbinder International LLC

What’s the Latest with Mortgage Rates?

Recent headlines may leave you wondering what’s next for mortgage rates. Maybe you’d previously heard there were going to be cuts this year that would bring rates down. That refers to the Federal Reserve (the Fed) and what they do to their Fed Funds Rate. While cutting, or lowering, the Fed Funds Rate doesn’t directly determine mortgage rates, it does […]

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Are More Homeowners Selling as Mortgage Rates Come Down?

Your Home Sold Guaranteed Realty - Vasbinder International

Are More Homeowners Selling as Mortgage Rates Come Down? – If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-In Effect Over […]

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Are Higher Mortgage Rates Here To Stay?

Your Home Sold Guaranteed Realty - Vasbinder International

Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below):   That can feel like a little bit of a gut punch if you’re thinking about making […]

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Think Twice Before Waiting for 3% Mortgage Rates

Your Home Sold Guaranteed Realty - Vasbinder International

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans. Today, the rate […]

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