Marco Santarelli

MAY 13, 2024

Secondly, historically low mortgage rates during the early stages of the pandemic incentivized homeownership. Many buyers locked in rates below 3%, significantly reducing their monthly payments and making homeownership a more attractive option. The high cost of housing can have a ripple effect on other aspects of life.

Fixed-rate mortgage 104

Fixed-rate mortgage Development Technology Construction 104

Marco Santarelli

SEPTEMBER 5, 2020

With 2020 being, theoretically, in the middle of a boom, there are still 4 years for residential construction to surge. The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. The 15-year fixed-rate mortgage dropped to 2.44%.

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

JULY 30, 2020

Last week, the average rate on 30-year fixed-rate mortgages dipped below 3% for the first time on record and this week stood at 3.01%, down from 3.75% a year ago, according to Freddie Mac. Construction Isn’t Meeting Housing Demand in LA. The Los Angeles housing market has seen a bump in residential construction.

Marketing 139

Marketing Investor Sales As-is 139