Resource Articles

Right now, there are more people searching for a home than there are people selling a home. That means that home inventory levels are low. A classic principle of Economics is that when something is scarce, its value rises. This is a simple explanation of why the current real estate market is a market favoring sellers.

For some time now, the real estate market has been a “seller’s market.” But market conditions inevitably come and go. So, what does this mean for you?

The homebuying process can be daunting. Whether it’s your first, second, or even fourth home, the process never gets less complicated. And all the complexity involved can tend to create some anxiety, especially when it comes to making an offer on your absolute dream home.

The real estate market is as hot as ever, with more and more buyers eager to find a new home while taking advantage of historically low interest rates. And with low inventory, now could be a great time to sell if you’re ready for something new.

The mortgage process can be confusing – full of steps and terms most people aren’t even familiar with. This is why we’ve always aimed to be a trusted mortgage partner, working to help our customers better navigate their journey to purchasing their new home.

In simplest terms, the difference between a fixed-rate and an adjustable-rate mortgage is just that – a rate that doesn’t change versus a rate that can change.