by Wells Funding Group | May 5, 2022 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers
Buying your first home is a major decision and an exciting milestone. Even though it can feel daunting at times, it has the power to change your life for the better. If you’re looking to purchase your first home, you may be wondering what’s happening in the housing...
by Wells Funding Group | May 3, 2022 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers, Pricing
With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an...
by Wells Funding Group | Apr 27, 2022 | First Time Home Buyers, For Buyers
If you’re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end. In fact, a recent survey from Bankrate...
by Wells Funding Group | Apr 26, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Pricing
If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make...
by Wells Funding Group | Apr 25, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the home....
by Wells Funding Group | Apr 20, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your...