Blog - Rodney Ward

All, Buying, Selling

Average Mortgage Rate for 30-Year Drops to 5.3%

Freddie Mac today released the results of its Primary Mortgage Market Survey® for the week ending July,7, 2022 showing that the 30-year fixed-rate mortgage (FRM) averaged 5.30 percent. “Over the last two weeks, the 30-year fixed-rate mortgage dropped by half a percent, as concerns about a potential recession continue to rise,” said Sam Khater, Freddie […]
All, Buying, Selling

What Does an Economic Slowdown Mean for the Housing Market?

If you’ve been watching the news or reading the newspaper you can’t miss all of the talk about a possible recession. The Federal Reserve is trying to engineer a so-called soft landing for the economy as it raises interest rates to fight inflation. Fighting inflation is one of the Federal Reserves’ primary mandates. According to […]
All, Selling

How Your Equity Can Grow over Time

It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says: “The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth.” That’s great for your home’s value over the […]
All, Buying, Videos

Tips for Buying Your First House

So you’re ready to buy your first house. Here are a few tip from the Federal Housing Administration (FHA) for you to review. Knowledge is power, especially when it comes to homebuying. Use this information to become more knowledgeable about the homebuying process. You increase your ability to be succeed in achieve your goal of […]

All Average Mortgage Rate for 30-Year Drops to 5.3% Freddie Mac today released the results of its Primary Mortgage Market Survey® for the week ending July,7, 2022 showing that the 30-year fixed-rate mortgage (FRM) averaged 5.30 percent. “Over the last two weeks, the 30-year fixed-rate mortgage dropped by half a percent, as concerns about a potential recession continue to rise,” said Sam Khater, Freddie […]

All What Does an Economic Slowdown Mean for the Housing Market? If you’ve been watching the news or reading the newspaper you can’t miss all of the talk about a possible recession. The Federal Reserve is trying to engineer a so-called soft landing for the economy as it raises interest rates to fight inflation. Fighting inflation is one of the Federal Reserves’ primary mandates. According to […]

All How Your Equity Can Grow over Time It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says: “The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth.” That’s great for your home’s value over the […]

All Tips for Buying Your First House So you’re ready to buy your first house. Here are a few tip from the Federal Housing Administration (FHA) for you to review. Knowledge is power, especially when it comes to homebuying. Use this information to become more knowledgeable about the homebuying process. You increase your ability to be succeed in achieve your goal of […]

All Affording a Home Did you know what it takes to afford a home? This presentation by the federal Housing Administration (FHA) helps you to understand what affording a home means. There’s more to homing a home than paying the principal and interest on a loan. Understanding what it takes to afford a home will help you as you […]

All Qualifying for a Loan What is one of the most important first steps in your homebuying journey? Getting the pre[approval letter from your lender and qualifying for a loan. Most sellers today will not even entertain an offer for their property without a pre-approval letter is the buyer is financing the purchase of the property. It’s important as a […]

All Dispelling Homebuying Myths One of the most important aspects of buying a house is understanding what it takes to be successful. This presentation from the Federal Housing Administration is your opportunity to learn more about homebuying. FHA loans are one of of the most used financing vehicles for homebuyers. Take an opportunity to view this presentation. Contact me […]

All Is Homeownership Still the American Dream? Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings about – success, freedom, and a sense of prosperity – are universal. That’s why, for many people, homeownership remains a key part of the American dream. Your home is your stake in the community, a strong financial […]

Videos Build Your Wealth

All The American Dream Is Still Attainable

All A Pause In Mortgage Interest Rate Upward Moves. A little bit of a breather this week in the upward movement of mortgage interest rates. Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.70 percent. “The rapid rise in mortgage rates has finally paused, largely due to the countervailing forces of high inflation […]

All If You’re Selling Your House This Summer, Hiring a Pro Is Critical It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own. But today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you […]

All Homeownership Could Be in Reach with Down Payment Assistance Programs A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home. If you feel the same way, the good news is there are many down payment assistance programs available […]

Videos A Recession Doesn’t Equal A Housing Crisis

Videos Home Price Appreciation Helps Build Wealth

All A Key Opportunity for Homebuyers There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding wars. But those two things have reached a turning point. […]

All Homeownership Dreams Can Come True I was one of those who didn’t achieve homeownership until I was older than many of my peers were when they bought their first house. While many of them were trading up, I was just entering the housing market. It seemed a daunting task. But I was able to purchase a house that me and […]

All Two Reasons Why Today’s Housing Market Isn’t a Bubble Two Reasons Why Today’s Housing Market Isn’t a Bubble – Keeping Current Matters It’s the talk of the town. If you’re thinking of buying, selling or just interested in the real estate market, you may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that […]

All A Majority of Consumers Say It’s a Good Time To Sell Your House If you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move. That means you’re likely balancing a number of factors, like your changing needs, where you’ll go when you sell, and today’s mortgage rates in order to time it just right. According to recent data, that sweet spot […]

All Recession Doesn’t Equal Housing Crisis

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.