When Will Mortgage Rates Come Down?

Written by Bonita Springs Mortgage Syndicated User on December 4, 2024. Posted in Bonita Springs Condo Financing, Bonita Springs Mortgage, Forecasts, Mortgage Bonita Springs, Mortgage Rates.

One of the biggest questions on everyone’s minds right now is: when will mortgage rates come down? After several years of rising rates and a lot of bouncing around in 2024, we’re all eager for some relief.While no one can project where rates will go with complete accuracy or the exact timing, experts offer some insight into what we might see going into next year. Here’s what the latest forecasts show.Mortgage Rates Are Expected To Ease and Stabilize in 2025After a lot of volatility and uncertainty, the most updated forecasts suggest rates will start to stabilize over the next year, and should...

Why Buying Now Is Worth It

Written by Bonita Springs Mortgage Syndicated User on October 18, 2024. Posted in Bonita Springs Condo Financing, Bonita Springs Mortgage, Buying Tips, Equity, For Buyers, Forecasts, Infographics, Mortgage Bonita Springs.

Some HighlightsYou may be torn between buying a home now or waiting. But don’t forget to factor in the equity you’ll gain as prices rise.Experts forecast prices will climb over the next 5 years – and based on those forecasts, you could gain about $90k in equity in that time.So, you could wait, but you’ll miss out on a lot of equity if you do. If you’re ready and able to buy, let’s connect so you can start growing your wealth now.

2025 Housing Market Forecasts: What To Expect

Written by Bonita Springs Mortgage Syndicated User on August 28, 2024. Posted in Bonita Springs Condo Financing, Bonita Springs Mortgage, For Buyers, For Sellers, Forecasts, Home Prices, Mortgage Bonita Springs, Mortgage Rates.

Looking ahead to 2025, it’s important to know what experts are projecting for the housing market. And whether you’re thinking of buying or selling a home next year, having a clear picture of what they’re calling for can help you make the best possible decision for your homeownership plans.Here’s an early look at the most recent projections on mortgage rates, home sales, and prices for 2025.Mortgage Rates Are Projected To Come Down SlightlyMortgage rates play a significant role in the housing market. The forecasts for 2025 from Fannie Mae, the Mortgage Bankers Association (MBA), the...

Why a Foreclosure Wave Isn’t on the Horizon

Written by Bonita Springs Mortgage Syndicated User on July 23, 2024. Posted in Bonita Springs Condo Financing, Bonita Springs Mortgage, Forecasts, Foreclosures, Mortgage Bonita Springs.

Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets. And those high costs on everything from gas to groceries are fueling unnecessary concerns that more people are going to have trouble making their mortgage payments. But, does that mean there’s a big wave of foreclosures coming? Here’s a look at why the data and the experts say that’s not going to happen.There Aren’t Many Homeowners Who Are Seriously Behind on Their MortgagesOne of the main reasons there were so many foreclosures during the last housing crash was because relaxed lending...

Housing Market Forecast for the 2nd Half of 2024 [INFOGRAPHIC]

Written by Bonita Springs Mortgage Syndicated User on June 28, 2024. Posted in Bonita Springs Condo Financing, Bonita Springs Mortgage, Forecasts, Home Prices, Infographics, Mortgage Bonita Springs, Mortgage Rates.

Some HighlightsWondering what the second half of the year holds for the housing market? Here’s what expert forecasts say. Home prices are expected to climb moderately. Mortgage rates are forecast to come down slightly. And, home sales are projected to hold steady.If you have questions about what to expect for the rest of the year, connect with a local agent to have a conversation about what it means for you and your plans.

Housing Market Forecast: What’s Ahead for the 2nd Half of 2024

Written by Bonita Springs Mortgage Syndicated User on June 24, 2024. Posted in Bonita Springs Condo Financing, Bonita Springs Mortgage, For Buyers, For Sellers, Forecasts, Home Prices, Inventory, Mortgage Bonita Springs.

As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales.Home Prices Are Expected To Climb ModeratelyHome prices are forecasted to rise at a more normal pace. The graph below shows the latest forecasts from seven of the most trusted sources in the industry:The reason for continued appreciation? The supply of homes for sale. Jessica Lautz, Deputy Chief Economist at the National Association of Realtors (NAR), explains:“One thing that seems to be pretty solid is that home prices are going to continue to go up, and the reason...

Myths About the 2024 Housing Market [INFOGRAPHIC]

Written by Bonita Springs Mortgage Syndicated User on April 19, 2024. Posted in Bonita Springs Condo Financing, Bonita Springs Mortgage, Buying Tips, Forecasts, Infographics, Mortgage Bonita Springs, Selling Tips.

Some HighlightsWhen it comes to the current housing market, there are some myths circling around right now. Some of the more common ones are that it’s better to wait for mortgage rates to fall or prices to crash. But there are others about the supply of homes for sale and down payments. Lean on a real estate professional to help separate fact from fiction in today’s housing market.

Category: Forecasts