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Mortgage Rates Forecast

This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power [...]

Home Prices & Mortgage Rates Forecast

Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on home prices and mortgage rates forecast so you can make your [...]

Key Factors Affecting Home Affordability Today

Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the only factor in the affordability equation. Here [...]

By |2022-11-07T09:06:40-06:00November 7th, 2022|First Time Home Buyers, For Buyers, home, Housing Market Updates, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Pricing, Tomahawk, waterfront, Wisconsin|Comments Off on Key Factors Affecting Home Affordability Today

What Happens to Housing in a Recession?

Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound quickly. As the 2022 [...]

By |2022-10-25T09:30:47-05:00October 25th, 2022|For Buyers, For Sellers, home, Housing Market Updates, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on What Happens to Housing in a Recession?

Four Things That Help Determine Your Mortgage Rate

If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan. Over the last couple of years, that was easier to do as the housing market saw record-low mortgage rates, but this year rates have risen dramatically. If you’re looking for ways to combat today’s [...]

By |2022-10-12T10:10:36-05:00October 12th, 2022|Down Payments, First Time Home Buyers, For Buyers, home, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on Four Things That Help Determine Your Mortgage Rate

Fall Housing Market

The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall. To help you make a confident decision, lean on the professionals for insights. Here are a few [...]

By |2022-10-12T09:54:10-05:00October 11th, 2022|For Buyers, For Sellers, home, Housing Market Updates, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Pricing, Tomahawk, waterfront, Wisconsin|Comments Off on Fall Housing Market

The Cost of Waiting for Mortgage Rates To Go Down

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information on the cost of waiting that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage [...]

By |2022-10-04T13:42:52-05:00October 4th, 2022|First Time Home Buyers, For Buyers, home, Housing Market Updates, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on The Cost of Waiting for Mortgage Rates To Go Down

Inflation & Mortgage Rates in Today’s Housing Market

If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas pump [...]

By |2022-09-27T09:41:51-05:00September 27th, 2022|For Buyers, For Sellers, home, Housing Market Updates, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on Inflation & Mortgage Rates in Today’s Housing Market

Selling Your House: Top Reasons Homeowners Are Listing Now

Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house. Data shows 51% of homeowners have a mortgage [...]

By |2022-09-21T11:30:30-05:00September 21st, 2022|For Sellers, home, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, Move-Up Buyers, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on Selling Your House: Top Reasons Homeowners Are Listing Now

Mortgage Rate Forecast

If you’ve been thinking of buying a home, you may have been paying close attention to the mortgage rate forecast over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your homeownership goals and decide if now’s the [...]

By |2022-09-08T08:32:52-05:00September 7th, 2022|home, Housing Market Updates, Interest Rates, Lake Alice, Lake Mohawksin, Lake Nokomis, lakeside, northwoods, Tomahawk, waterfront, Wisconsin|Comments Off on Mortgage Rate Forecast
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