There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more specifically, if you’re a real estate economist mortgage rates, because you will always […]
If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, the 30-year fixed mortgage rate from Freddie Mac approached 4% for the first time since […]
There are many reasons why you should become a Bydand Realtor Partner. Perhaps, the most important reason is that we offer our partners marketing support. Our team of experts is always available to help you grow your business and achieve your goals. We also provide exclusive marketing tools and resources that will help you reach […]
As a real estate agent, you know that finding the right lender is key to closing a successful deal. But what if you don’t have a preferred lender? Here are three signs that you need one: 1) You are feeling uncertain about your current Loan Officer 2) You and your clients are looking for better […]
Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throughout 2021 was […]