MARTHA'S VINEYARD HOUSING MARKETAre you concerned about inflation and mortgage rates and how they might impact your plans to buy a home in Martha's Vineyard? Understanding the recent decision made by the Federal Reserve (the Fed) can shed some light on the situation. Here's what you should know. INFLATION AND THE HOUSING MARKET Despite the Federal Reserve's efforts to control inflation, recent...
Introducing "the Islander" Exclusive mortgage Program by one of our trusted lending partners! Are you a YEAR-ROUND MV RESIDENT thinking of buying a new home, but are waiting because you currently don't have enough savings to reach that 20% down-payment goal to avoid paying Mortgage Insurance? Don't worry, there is a new mortgage program that can help you make your dream of homeownership a reality!...
rates are beginning to come down—and buyers are starting to reenter the market. In fact, the latest data from the Mortgage Bankers Association (MBA) shows mortgage applications increased last week by 7% compared to the week before. And here on the Island, local banks like Cape Cod 5 have been publishing rates under 6% for a 30 year fixed loan.
2023 Real Estate Predictions - The 2022 housing market was defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it's put the market into a reset position.
If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today.
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 things experts are saying about the fall housing market. 🍂 Expert Quotes for Fall...
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