If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s why. What Is Pre-Approval? To better understand why pre-approval is key, it’s important to know what […]

CONTRACTSContract activity in September 2022 was down 34.3% from September 2021 and was down in all price categories. Through the first nine months of the year, contract activity is down 20.8%. The average number of days on the market for homes receiving contracts was 33 days in September 2022, up from 28 days last September. […]

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage Rates As mortgage rates rise, they impact […]