Blog - Rodney Ward

Selling

Should You Sell Your House Now?

Here’s Two Reasons You Should Sell Your House. Wondering if you should sell your house this year? As you make your decision, think about what’s motivating you to consider moving. A recent survey from realtor.com asked why homeowners are thinking about selling their houses this year. Here are the top two reasons (see graphic below): […]
All, Buying, Selling

Mortgage Rate Changes and You

How Changing Mortgage Rates Can Affect You The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The […]
All

Facts You Should Know About Closing Costs

Some Highlights If you’re thinking about buying a home, be sure to plan for closing costs. Closing costs are typically 2% to 5% of the total purchase price of a home, and they can include things like government recording costs, appraisal fees, and more. Let’s connect so I can answer your questions about the […]
Videos

Smaller May be Better

Selling Should You Sell Your House Now? Here’s Two Reasons You Should Sell Your House. Wondering if you should sell your house this year? As you make your decision, think about what’s motivating you to consider moving. A recent survey from realtor.com asked why homeowners are thinking about selling their houses this year. Here are the top two reasons (see graphic below): […]

All Mortgage Rate Changes and You How Changing Mortgage Rates Can Affect You The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The […]

All Facts You Should Know About Closing Costs Some Highlights If you’re thinking about buying a home, be sure to plan for closing costs. Closing costs are typically 2% to 5% of the total purchase price of a home, and they can include things like government recording costs, appraisal fees, and more. Let’s connect so I can answer your questions about the […]

Videos Smaller May be Better

Videos Tight Inventory Is Keeping Home Prices Up

Selling Are We in a Sellers’ Market? What Does That Mean? Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house? It starts with the number […]

All Mortgage Rates Decline Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) for the week ending March 30, 2023, showing the 30-year fixed-rate mortgage (FRM) averaged 6.32 percent. “Economic uncertainty continues to bring mortgage rates down,” said Sam Khater, Freddie Mac’s Chief Economist. “Over the last several weeks, declining rates have brought borrowers back to […]

All How Homeownership Is Life Changing for Many Women Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market. In fact, since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households. Why Is Homeownership So Important to Women? The […]

Selling The Best Time To List Your House Is Almost Here If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching. Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house […]

All 30-Year Fixed Mortgage Rate Averages 6.42% According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac on March 23, 2023, the 30-year fixed-rate mortgage (FRM) averaged 6.42 percent, which is a decrease from last week when it averaged 6.60 percent. However, it is higher than the 4.42 percent average of a year ago at the same time. Similarly, […]

Selling You’ve Got To Let the Buyers In Once you’ve made the decision to sell your house and have hired a real estate agent to help, they’ll ask how much access to your home you want to give potential buyers. Your answer matters more now than it did in recent years. Here’s why. At the height of the buying frenzy seen during the […]

All Here’s Why the Housing Market Isn’t Going To Crash

All Financial Market Turbulence This Week Causes Pullback in Mortgage Rates Freddie Mac released its Primary Mortgage Market Survey® (PMMS®) today March 16, 2023, revealing that the 30-year fixed-rate mortgage averaged 6.60 percent, down from 6.73 percent the previous week. The 15-year FRM also decreased from 5.95 percent to 5.90 percent. However, both rates are significantly higher than a year ago when the 30-year FRM averaged […]

All What Buyer Activity Tells Us About the Housing Market Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the market.” That activity can […]

Buying Balancing Your Wants and Needs as a Homebuyer This Spring Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way: “While the number of homes for sale is increasing, it is still 43.2% […]

All Seeking Clarity in Today’s Housing Market? The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process. A real estate expert uses their knowledge of what’s really happening with home prices, housing supply, expert projections, and more to give you the best advice. Someone who can provide […]

Selling Leverage Your Equity When You Sell Your House One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. Bankrate explains it like this: “Home equity is the portion of […]

Videos Thing About Selling or Bying A Home This Spring?

Buying Buying a Home May Make More Sense Than Renting Some Highlights If you’re trying to decide whether to rent or buy a home, there are a few things you should consider. Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your options.

All Mortgage Rates Continue to Increase Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®) for the week ending 03/069/2023, showing the 30-year fixed-rate mortgage (FRM) averaged 6.73 percent. “Mortgage rates continue their upward trajectory as the Federal Reserve signals a more aggressive stance on monetary policy,” said Sam Khater, Freddie Mac’s Chief Economist. “Overall, consumers are […]

Home

Properties

About Me

Blog

Neighborhood News

Terms Of Use | Privacy Policy | Accessibility Statement | Fair Housing Notice

© 2022 Coldwell Banker Realty

©2022 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.