Marco Santarelli

JULY 25, 2024

Potential for Homebuyers to Rethink Purchasing Strategies The increase in mortgage rates might prompt buyers to rethink their homebuying strategies. Here are a few strategies that buyers might consider: Opting for Adjustable-Rate Mortgages (ARMs) : While fixed-rate mortgages provide stability, ARMs can offer lower initial rates.

Mortgages 52

Mortgages VA loan Fixed-rate mortgage Finance 52

Marco Santarelli

MAY 22, 2025

If you're holding out for mortgage rates to return to those sweet 3% days, Ramsey suggests it's time to adjust your expectations. The Mortgage Bankers Association indicated that the average 30-year fixed-rate mortgage peaked at around 7.79% in late 2023 and has since settled somewhat, sitting around 6.89% at the start of 2025.

Marketing 52

Marketing Fixed-rate mortgage Lending Equity 52

Marco Santarelli

DECEMBER 15, 2024

The Inventory Shortage While lower mortgage rates could make housing more affordable, inventory remains a significant roadblock. Many homeowners locked in fixed-rate mortgages before 2022 with historically low rates of 34%. A lower interest rate environment could significantly benefit this group.

Mortgages 93

Mortgages New Construction Construction VA loan 93

Marco Santarelli

MAY 23, 2025

If you're holding out for mortgage rates to return to those sweet 3% days, Ramsey suggests it's time to adjust your expectations. The Mortgage Bankers Association indicated that the average 30-year fixed-rate mortgage peaked at around 7.79% in late 2023 and has since settled somewhat, sitting around 6.89% at the start of 2025.

Marketing 52

Marketing Fixed-rate mortgage Lending Equity 52