Virginia Mortgage Loans

Whereas Thursday's data was clearly bad for bonds/rates (ultimately creating a challenge to the 3.84 range ceiling), Friday's key morning data is relatively inoffensive.  In fact, with Core PCE being in line with expectations, bonds are starting the day by breathing a relative sigh of relief.  If early trading trends hold up, this may be enough for yields to hold the prevailing range despite looking destined to depart yesterday. http://dlvr.it/SrTGVJ

Key Reasons To Use a Real Estate Agent When You Sell [INFOGRAPHIC] An agent is a really important part of selling your home because they bring a lot of skill and expertise to the sales process. They’ll explain what’s happening today, what that means for you, and how to price and market your house. They’re also skilled negotiators and well versed at the contracts and disclosures involved. DM me to ensure you have an expert helping you sell your house successfully. www.DanFreshley.com http://dlvr.it/SrTG4Q

We’re halfway through 2023 already. Time flies. It doesn’t seem that long ago when I was a kid and I had to learn how to make my own bowl of cereal with milk. Now there are instructions. Talk about the dumbing down of the population. I don’t know if they still make the small boxes with serrated grooves you could cut or tear through and then just add milk. Why dirty a bowl when you don’t have to? Spending money on useful things is one thing, although I’ve been known to spend money on some odd things, like copper fire extinguishers. But I guarantee that I will never spend my money on a $60,000 microscopic ‘Louis Vuitton’ bag. People are still spending out there. Why haven't we seen a recession yet? One of the biggest reasons is the labor market, which has remained remarkably resilient. Companies had a difficult time finding workers during the pandemic and are reluctant to let them go. Second, companies, governments, and families everywhere took advantage of low rates to refinance the

An agent is a really important part of selling your home because they bring a lot of skill and expertise to the sales process. http://dlvr.it/SrSgmW

Mortgage demand grows, driven by sales of new homes http://dlvr.it/SrMTDp

#ForBuyers #ForSellers #HousingMarketUpdates Lending Standards Are Not Like They Were Leading Up to the Crash: You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. http://dlvr.it/SrM5MB http://dlvr.it/SrM618

You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. http://dlvr.it/SrM5MP

High interest rates and economic uncertainty are behind recent rise in corporate defaults http://dlvr.it/Sr9V8K

Homeownership Helps Protect You from Inflation [INFOGRAPHIC] Wondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady. Rents typically increase with inflation. Maybe that’s why, according to a recent survey, 65.1% of landlords say they plan to raise the rent of at least one of their properties within the next 12 months. Especially when inflation is up, having a stable housing payment can be helpful. Let’s connect so you can learn more and start your journey to owning a home today. www.DanFreshley.com http://dlvr.it/Sr9M3Z

Homeownership Helps Protect You from Inflation [INFOGRAPHIC] Wondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady. Rents typically increase with inflation. Maybe that’s why, according to a recent survey, 65.1% of landlords say they plan to raise the rent of at least one of their properties within the next 12 months. Especially when inflation is up, having a stable housing payment can be helpful. Let’s connect so you can learn more and start your journey to owning a home today. www.DanFreshley.com http://dlvr.it/Sr9LzP

Wondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady. http://dlvr.it/Sr6bxK

If buying your first home in today’s market feels like a challenge, know there are a number of resources available. If you qualify, there are programs that could help you reach your goal by offering down payment assistance and more. DM me today if you have questions about the homebuying process or how to prepare as a first-time buyer. #downpayment #downpaymentassistance www.DanFreshley.com http://dlvr.it/Sqs5rp

ICYMI: How Owning a Home Grows Your Wealth with Time [INFOGRAPHIC] If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. Over time, homeownership allows you to build equity. On average, nationwide home prices appreciated by 290.2% over the last 32 years. That means your net worth can grow significantly in the long-term when you own a home. DM me so you can start your homebuying journey today. #firsttimehomebuyer #opportunity www.DanFreshley.com http://dlvr.it/Sqs5nm

If buying your first home in today’s market feels like a challenge, know there are a number of resources available. If you qualify, there are programs that could help you reach your goal by offering down payment assistance and more. DM me today if you have questions about the homebuying process or how to prepare as a first-time buyer. #downpayment #downpaymentassistance www.DanFreshley.com http://dlvr.it/Sqs5XY

How Owning a Home Grows Your Wealth with Time [INFOGRAPHIC] If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. Over time, homeownership allows you to build equity. On average, nationwide home prices appreciated by 290.2% over the last 32 years. That means your net worth can grow significantly in the long-term when you own a home. DM me so you can start your homebuying journey today. #firsttimehomebuyer #opportunity www.DanFreshley.com http://dlvr.it/Sqq8wr

How Owning a Home Grows Your Wealth with Time [INFOGRAPHIC] If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. Over time, homeownership allows you to build equity. On average, nationwide home prices appreciated by 290.2% over the last 32 years. That means your net worth can grow significantly in the long-term when you own a home. DM me so you can start your homebuying journey today. #firsttimehomebuyer #opportunity www.DanFreshley.com http://dlvr.it/Sqq8SW

Equity is the difference between the market value of your home and how much you owe on your mortgage. Your equity gets a boost when home prices appreciate. Today, 85% of sellers couldn’t be happier with how much equity they have. DM me to learn more about your home’s equity and how it can be leveraged in your next move. #homeequity #forcedsavings www.DanFreshley.com http://dlvr.it/SqgG3m

The volume of mortgage applications posted the first gain since May 5, aided by lower interest rates and the usual post-holiday week bounce. The Mortgage Bankers Association (MBA) said its Market Composite Index increased 7.2 percent on a seasonally adjusted basis from a week earlier. On an unadjusted basis, the Index increased 18 percent.   The Refinance Index rose 6.0 percent week-over-week and was 41.0 percent lower than the same week one year ago. The refinance share of applications was unchanged from 27.3 percent of total applications a week earlier. [refiappschart] The Purchase Index was up a seasonally adjusted 8.0 percent and 17.0 percent before adjustment. It was 27.0 percent lower than the same week in 2022. [purchaseappschart] “Mortgage rates declined for the second straight week, with the 30-year fixed rate decreasing to 6.77 percent. Mortgage applications were up over the week, but remained well below levels from a year ago,” said Joel Kan, MBA’s Vice President and Deputy

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People ask why I have a problem with sensationalist headlines. Who you gonna believe, Realtor.com who tells us that foreclosures are spiking, or CoreLogic, who tells us that mortgage delinquencies are at an all-time low, both on the same day? Logically, given the equity position that many borrowers have (including plenty of all-cash buyers that have been going strong), their credit profile, and a huge demand by millions of people in their 20s and 30s, a lot of foreclosures makes no sense. And growth in certain areas continues, something that every lender should be aware of. Nine of the nation’s 15 fastest-growing cities were in the South, according to Vintage 2022 Population Estimates released by the U.S. Census Bureau. Of the nine fastest-growing cities in the South, six were in Texas. Following the population increase of 14 percent in Georgetown, Texas, was Santa Cruz, California, with a 12 percent increase, adding roughly 7,000 people to its population. The next three fastest-growin

Why You Can’t Compare Now to the ‘Unicorn’ Years of the Housing Market [INFOGRAPHIC] Comparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were ‘unicorn’ years. Expect unsettling housing market headlines this year, mostly due to unfair comparisons with the ‘unicorn’ years. DM me so I can share the data that puts those headlines in the proper perspective. #realestate #homeownership #homebuying www.DanFreshley.com http://dlvr.it/SqSrJ1

When you look at the numbers today, the one thing that stands out is the strength of this housing market. http://dlvr.it/SqLq78

Today’s mortgage rates are top-of-mind for many homebuyers right now. http://dlvr.it/SqHkbv

ICYMI: #ForBuyers #ForSellers #Pricing #HousingMarketUpdates Oops! Home Prices Didn’t Crash After All: During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. http://dlvr.it/Sq9RWy http://dlvr.it/SqDYCM

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ICYMI: Keys to Success for First-Time Homebuyers Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better. As a first-time homebuyer, it’s a vision you can bring to life, but you’ll have to overcome some factors that have made it more challenging in recent years. That said, if you’re looking to purchase your first home, here are two things you can consider to help make your dreams a reality. >>Save Money with First-Time Homebuyer Programs Being able to pay for the initial costs and fees associated with homeownership can feel like a major hurdle. Fortunately, there are a lot of public and private first-time homebuyer programs that can help you get a loan with little-to-no money upfront. And many of these programs are offered by state and local governments. To take advantage of these programs, contact the housing authority in your state and browse sites like Down Payment Resource. >>The Supply of Homes for

#ForBuyers #ForSellers #Pricing #HousingMarketUpdates Oops! Home Prices Didn’t Crash After All: During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. http://dlvr.it/Sq9RWy http://dlvr.it/Sq9S5g

During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. http://dlvr.it/Sq9RXt

Keys to Success for First-Time Homebuyers Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better. As a first-time homebuyer, it’s a vision you can bring to life, but you’ll have to overcome some factors that have made it more challenging in recent years. That said, if you’re looking to purchase your first home, here are two things you can consider to help make your dreams a reality. >>Save Money with First-Time Homebuyer Programs Being able to pay for the initial costs and fees associated with homeownership can feel like a major hurdle. Fortunately, there are a lot of public and private first-time homebuyer programs that can help you get a loan with little-to-no money upfront. And many of these programs are offered by state and local governments. To take advantage of these programs, contact the housing authority in your state and browse sites like Down Payment Resource. >>The Supply of Homes for Sale Is