Are More Homeowners Selling as Mortgage Rates Come Down?

By Kevin Brierton Team | January 24, 2024
A hand is touching the top of a wall with tiny houses on it.

Kevin Brierton – 1.24.2024 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…

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Ways Your Home Equity Can Help You Reach Your Goals

By Kevin Brierton Team | January 9, 2024
A kitchen with white cabinets and blue chairs

Kevin Brierton – 1.9.2024 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. If you’re not familiar with that term, Freddie Mac defines it like this: “. . . your home’s equity is the difference between how much your home is worth…

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What Lower Mortgage Rates Mean for Your Purchasing Power

By Kevin Brierton Team | January 8, 2024
A yellow calculator sitting on top of a table.

Kevin Brierton – 1.8.2024 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. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac (see graph below): This recent trend is…

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What Are Accessory Dwelling Units and How Can They Benefit You?

By Kevin Brierton Team | November 1, 2023
A white house sitting in the middle of a field.

Kevin Brierton – 11.1.2023 Maybe you’re in the market for a home and are having a hard time finding the right one that fits your budget. Or perhaps you’re already a homeowner in need of extra income or a place for loved ones. Whether as a potential homebuyer or a homeowner with changing needs, accessory dwelling units, or ADUs for…

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