by Wells Funding Group | Apr 3, 2023 | Buying Myths, For Buyers, Interest Rates
The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below...
by Wells Funding Group | Mar 31, 2023 | Buying Myths, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Closing costs are an essential part of the home-buying process, but many buyers and sellers may not fully understand what they entail. This infographic breaks down the most important facts about closing costs, helping you prepare for the final step in the home-buying...
by Wells Funding Group | Mar 30, 2023 | For Sellers, Selling Myths
Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house?It starts...
by Wells Funding Group | Mar 29, 2023 | For Sellers, Housing Market Updates, Selling Myths
Spring has arrived, and that means more and more people are getting their homes ready to sell. But with recent shifts in real estate, this year’s spring housing market will be different from the frenzy of the past several years. To sell your house quickly, without...
by Wells Funding Group | Mar 28, 2023 | Demographics, First Time Home Buyers, For Buyers
Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market. In fact, since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households.Why...