Virginia Mortgage Loans

Are More Homeowners Selling as Mortgage Rates Come Down? If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-In Effect Over the past year, one factor that’s really limited the options for your move is how few homes were on the market. That’s because many homeowners chose to delay their plans to sell once mortgage rates went up. Early Signs Show Those Homeowners Are Ready To Move Again According to the latest data from Realtor.com, there were more homeowners putting their houses up for sale, known in the industry as new listings, in December 2023 compared to December 2022. Here's why this is so significant. Typically, activity in the housing market cools down in the later months of the... #firsttimehomebuyer #opportunity www.DanFreshley.com http://dlvr.it/T24PCv

#ForBuyers #InterestRates 2 of the Factors That Impact Mortgage Rates: If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. http://dlvr.it/T24Bm7 /> http://dlvr.it/T24CP1

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Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC] Home affordability depends on three factors: mortgage rates, home prices, and wages. Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual. That’s good news if you want to buy a home because it means affordability is getting better. #firsttimehomebuyer #opportunity www.DanFreshley.com http://dlvr.it/T1zmQY

3 Must-Do’s When Selling Your House in 2024 If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home. Keep these three best practices in mind when you’re ready to sell. 1. Price Your Home Right If you price your house too high, you run the risk of deterring buyers. And if you go too low, you’re leaving money on the table. An experienced real estate agent can help determine what your ideal asking price should be, so your house moves quickly and for top dollar. 2. Keep Your Emotions in Check Today, homeowners are staying in their houses longer than they used to. According to the National Association of Realtors (NAR), since 1985, the average time a homeowner has owned their home has increased from 6 to 10 years. This is much more than what... #sellyourhouse #moveuphome #dreamhome www.DanFreshley.com http://dlvr.it/T1pvmp

Mortgage application activity has increased in each of the three weeks of the New Year, even though two of those weeks were impacted by federal holidays. There was a strong purchase loan component each week as well. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage loan application volume, increased 3.7 percent on a seasonally adjusted basis during the week ended January 19, including an adjustment to account for the Martin Luther King observance. On an unadjusted basis, the Index was down 4.0 percent from the previous week’s level. The Refinance Index’s holiday-adjusted version fell 7.0 percent week-over-week and was 8.0 percent lower than the same week one year ago. The unadjusted Index declined 16.0 percent for the week and 8.0 percent year-over-year. The share of refinance applications dropped to 32.7 percent from 37.5 percent the previous week. [refiappschart] The seasonally adjusted Purchase Index increased 8.0 percent from one week ear

#ForBuyers #MoveUpBuyers #HousingMarketUpdates #BuyingMyths Are More Homeowners Selling as Mortgage Rates Come Down?: If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. http://dlvr.it/T1pVk3 /> http://dlvr.it/T1pWBb

If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. http://dlvr.it/T1pVk6

Even though home prices are going up nationally, some people are still worried they might come down. http://dlvr.it/T1lwtt

Why You May Want To Consider a Newly Built Home Today If you’re feeling frustrated by the limited supply of homes for sale, you may want to look into new home construction. Let's connect to go over the process for buying a newly built home and see what’s available near us. #newconstruction #housinginventory www.DanFreshley.com http://dlvr.it/T1dqSx

Why You May Want To Consider a Newly Built Home Today If you’re feeling frustrated by the limited supply of homes for sale, you may want to look into new home construction. Let's connect to go over the process for buying a newly built home and see what’s available near us. #newconstruction #housinginventory www.DanFreshley.com http://dlvr.it/T1dq7j

Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. http://dlvr.it/T1XxKK

Buying a home is a powerful decision, and it remains at the heart of the American Dream. http://dlvr.it/T1PS50

Why the Price of Your House Matters When Selling The asking price for your house can greatly affect your bottom line and how fast your house sells. Let’s connect so we can find the right price for your house. #priceitright #homevalues www.DanFreshley.com http://dlvr.it/T1Mf8Z

Why the Price of Your House Matters When Selling The asking price for your house can greatly affect your bottom line and how fast your house sells. Let’s connect so we can find the right price for your house. #priceitright #homevalues www.DanFreshley.com http://dlvr.it/T1Mdzv

ICYMI: Wondering where you’ll go when you sell your house? With so few homes available today, it’s crucial to explore all your options. That includes both existing homes as well as newly built ones. If you're curious about the choices in our area, let's chat. I'm here to help you navigate what's available and find what suits you best. #homeoptions #newconstruction www.DanFreshley.com http://dlvr.it/T1Mdjd

Wondering where you’ll go when you sell your house? With so few homes available today, it’s crucial to explore all your options. That includes both existing homes as well as newly built ones. If you're curious about the choices in our area, let's chat. I'm here to help you navigate what's available and find what suits you best. #homeoptions #newconstruction www.DanFreshley.com http://dlvr.it/T1KzJc

Wondering where you’ll go when you sell your house? With so few homes available today, it’s crucial to explore all your options. That includes both existing homes as well as newly built ones. If you're curious about the choices in our area, let's chat. I'm here to help you navigate what's available and find what suits you best. #homeoptions #newconstruction www.DanFreshley.com http://dlvr.it/T1Kz7l

If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028. http://dlvr.it/T1Hf5c

#ForBuyers #FirstTimeHomeBuyers #MoveUpBuyers #BuyingMyths Avoid These Common Mistakes After Applying for a Mortgage: If you’re getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own. http://dlvr.it/T1Bf4T /> http://dlvr.it/T1BfgC

If you’re getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own. http://dlvr.it/T1Bf2W

#ForBuyers #ForSellers #MoveUpBuyers Ways Your Home Equity Can Help You Reach Your Goals: If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. http://dlvr.it/T187Kw /> http://dlvr.it/T187wt

ICYMI: #ForBuyers #FirstTimeHomeBuyers #MoveUpBuyers #BuyingMyths What Lower Mortgage Rates Mean for Your Purchasing Power: If you want to buy a home, it's important to know how mortgage rates impact what you can afford and how much you’ll pay each month. http://dlvr.it/T15grD /> http://dlvr.it/T187h4

If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. http://dlvr.it/T187Kn

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#ForBuyers #FirstTimeHomeBuyers #MoveUpBuyers #BuyingMyths What Lower Mortgage Rates Mean for Your Purchasing Power: If you want to buy a home, it's important to know how mortgage rates impact what you can afford and how much you’ll pay each month. http://dlvr.it/T15grD /> http://dlvr.it/T15gzg

If you want to buy a home, it's important to know how mortgage rates impact what you can afford and how much you’ll pay each month. http://dlvr.it/T15gqw

ICYMI: #ForBuyers #Infographics #FirstTimeHomeBuyers #MoveUpBuyers Achieving Your Homebuying Dreams in 2024 [INFOGRAPHIC]: Planning to buy a home in 2024? Here’s what to focus on. http://dlvr.it/T104zY /> http://dlvr.it/T129nc

Achieving Your Homebuying Dreams in 2024 [INFOGRAPHIC] Planning to buy a home in 2024? Here’s what to focus on. Improve your credit score, plan for your down payment, get pre-approved, and decide what’s most important to you. Let’s connect so you have expert advice on how to achieve your homebuying goals this year. #firsttimehomebuyer #opportunity www.DanFreshley.com http://dlvr.it/T10RB9

#ForBuyers #Infographics #FirstTimeHomeBuyers #MoveUpBuyers Achieving Your Homebuying Dreams in 2024 [INFOGRAPHIC]: Planning to buy a home in 2024? Here’s what to focus on. http://dlvr.it/T104zY /> http://dlvr.it/T105Rg

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Thinking About Buying a Home? Ask Yourself These Questions If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market. Here are the top two questions you need to ask yourself as you make your decision, including the data that helps cut through the noise. 1. Where Do I Think Home Prices Are Heading? One reliable place you can turn to for information on home price forecasts is the Home Price Expectations Survey from Fannie Mae – a survey of over one hundred economists, real estate experts, and investment and market strategists. According to the most recent release, the experts are projecting home prices will continue to rise at least through 2028. And home prices rising, even at a more moderate pace, is good news not just for the market, but for you too. 2. Where Do I Think Mortgage Rates Are Heading? Over the past year, mortgage rates spiked up in response to economic uncertainty, inflation, and more. But there’s

Mortgage activity took the usual hit over the last two weeks as the country celebrated a variety of religious and secular holidays. The Mortgage Brokers Association (MBA) was closed during Christmas Week, so this morning’s report encapsulates the December 18 to December 29 period. MBA said its Market Composite Index, a measure of mortgage loan application volume, declined 9.4 percent on a seasonally adjusted basis compared to two weeks earlier. On an unadjusted basis, the Index decreased 38 percent.   The unadjusted Refinance Index fell 43 percent below its prior reported level but was 15 percent higher than the same week one year ago. The refinance share of mortgage activity accounted for 36.3 percent of total applications. The previously reported share was 39.4 percent. [refiappschart] The seasonally adjusted Purchase Index declined by 5 percent over the holiday period while the unadjusted Purchase Index fell 34 percent. The Index was down by 12 percent year-over-year. [purchaseappsc

#ForBuyers #Pricing #FirstTimeHomeBuyers #MoveUpBuyers Thinking About Buying a Home? Ask Yourself These Questions: If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market. http://dlvr.it/T0vRr5 /> http://dlvr.it/T0vS88

If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market. http://dlvr.it/T0vRqx

If your listing has expired and your house didn’t sell, it's completely normal to feel a mix of frustration and disappointment. http://dlvr.it/T0sDkw