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When Will Mortgage Rates Plateau and How High Will They Go?

When Will Mortgage Rates Plateau and How High Will They Go?

by allison | Oct 24, 2022 | Interest Rates

Mortgage rates are rising, and many wonder how high they will go. Some experts predict they will plateau soon, while others believe they will continue to rise. In this article, we will take a look at some of the most recent forecasts and discuss how they could impact...
Ask A Mortgage Provider: Why Are Interest Rates Rising?

Ask A Mortgage Provider: Why Are Interest Rates Rising?

by allison | Aug 30, 2022 | Interest Rates

In June, the Federal Reserve announced the largest spike in interest rate since 1994 as the US central bank struggles to keep inflation in check. The interest rate was increased by 0.75% in the wake of a 0.5% increase in May and a 0.25% in March. Changes in interest...
Investing in Maine: 7 Vacation Spots With The Best Rental Markets

Investing in Maine: 7 Vacation Spots With The Best Rental Markets

by allison | Aug 20, 2022 | Second Homes

Most people would think about California or Florida when asked about where they might get a vacation rental home if they had the money. Even though both of these states are fantastic choices for a vacation home, there is a reason why they don’t come even close to...
Housing Market Slowdown! What This Means & Tips For Sellers

Housing Market Slowdown! What This Means & Tips For Sellers

by allison | Aug 10, 2022 | Market Insight

Home prices continue to see a spike despite high mortgage rates and increasing house supply. These are a few factors that typically result in reduced home prices; so far, though, the record high costs of housing remain quite resilient. Currently, national data is...
The Market is Slowing Down! What This Means & Tips For Buyers

The Market is Slowing Down! What This Means & Tips For Buyers

by allison | Aug 1, 2022 | Market Insight

Since 2020, home buyers have been struggling to get their hands on the limited housing inventory, prompting home sellers to raise the average home pricing to a record high. Combined with low mortgage debt and the need for more space, the high competition among buyers...

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