by Padma Sonti | Jun 12, 2023 | Buyers, Housing Market Updates, Market Trends, Market Updates
Some insights to share with you. Let’s dive right in and explore what the future holds for the real estate scene. Okay, so here’s the deal: the housing market is looking pretty promising at the moment. Confidence is high, and experts believe that things are...
by Padma Sonti | May 10, 2023 | Advice For Buyers & Sellers, Housing Market Updates, Market Updates
The stability of the real estate industry, particularly in terms of lending, has been called into question following the recent failures of Silicon Valley Bank, Silvergate, and Signature Bank. While individual bank failures may not cause a widespread crash, they can...
by Padma Sonti | Apr 7, 2023 | Advice For Homeowners, Home Buyers, Market Updates, Mortgage Rates
As we near the end of March 2023, the mortgage market has seen some movement in interest rates. According to Bankrate.com, the average rate on a 30-year fixed mortgage is 6.93%, while the average rate on a 15-year mortgage is 6.18%. Jumbo mortgages with a 30-year term...
