I’d like to share my insights and forecast for the housing market in 2024, drawing from the valuable analysis of many industry leaders that I believe have a clear pulse on the economy and trends.
2024 Housing Forecast: Key Insights you need, Homebuyers and Realtors Read More »
Working with a lender, when done right, is the beginning of a life long relationship. Your personal story has to be a part of the puzzle that a lender should care about if they are truly looking out for your best interest. Buying real estate can set you up for accumulating generational wealth, but there
Top 10 Questions to Ask Your Lender Read More »
Mortgage Rates continue to come down as we head into the last week of 2022. This trend will begin to set us up in 2023 for a healthier housing market ahead. Earlier this year, the 30-year fixed interest rate spiked to a high of 7.08% after the steepest climb in over 40 years. Today, Freddie
Mortgage Rates Continue to Drift Down Read More »
What is an assumable mortgage? An assumable mortgage is a type of financing arrangement whereby an outstanding mortgage and its terms are transferred from the current owner to a buyer. This means the remaining balance, mortgage interest rate, repayment period and other loan terms stay the same, but the responsibility for the debt is transferred to
Assumable Mortgages: What to Know Read More »
Wait… doesn’t raising rates mean higher prices, and worse inflation? Let me explain. In the most basic sense, inflation is caused by too many dollars chasing too few goods. But inflation can be complicated and rarely is it caused by a single factor. However, basic economics tells us that supply and demand dictate prices in
The Fed’s strategy: the basics Read More »
One of the questions that I have been continually asked most recently, has been, “doesn’t raising rates mean higher prices, and worse inflation?” Here are some things to consider. In the most basic sense, inflation is caused by too many dollars chasing too few goods. But inflation can be complicated and rarely is it caused
What is the Fed doing? Read More »
Advertised rates vs. what you may receive. Rates are based on credit, loan to value, property type, market conditions and other personal financial of a potential buyer. StreicherTeam is here to help. As a professional mortgage originator with 30 years of experience I will help you make a solid and confident financial decision and find