What’s Ahead For Mortgage Rates This Week – October 25, 2021

Last week’s economic reporting included the National Association of Home Builders’ Housing Market Index reports on building permits issued and housing starts, The National Association of Realtors® reported on sales of previously owned homes, and weekly readings on mortgage rates and jobless claims were also published. NAHB: Builder Confidence Improves in September The National Association of Home Builders reported an index reading of 80 for its September Housing Market Index. Analysts expected September’s index reading to match August’s reading of 76. Builders continued to face supply chain challenges and labor shortages amid growing concerns over rising home prices and affordability…
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Luxury Selling: How to Qualify Potential Buyers to Ensure They Can Afford Your Home

Luxury estates can be a challenge to sell. The more expensive a home is, the less potential buyers there are. The biggest hassle is going through the process with people who can't actually afford the home, only to have it fall apart at the last minute. Here are some ways to make sure the property is only being viewed by qualified buyers. Only Accept Offers From Buyers Who Are Pre-Qualified From A Lender One of the only ways to guarantee a buyer will be able to afford a luxury home is to let the bank do the work on your…
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Dealing With Stress Related To A Home Sale

Putting a house on the market can be a major life decision. Even though there might be a bit of a change during this time, there are ways to deal with the stress. Even though home showings, negotiations, and constant phone calls from real estate agents can be a lot to handle, there are a few tips for dealing with the stress. What do homeowners need to know if they are selling a home?  Choose The Right Real Estate Agent First, homeowners must make sure they choose the right real estate agent. Think about the goals during the home sale.…
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