by admin | Mar 16, 2021 | Buying A Home
While a 20% down payment used to be the norm, now most lenders allow buyers to purchase a home with a much lower down payment – as low as 3% – 5%. Even with low down payment options, many consider 20% to be the ‘golden rule’ of purchasing a home....
by admin | Feb 2, 2021 | Buying A Home
When there is low inventory and competition from other buyers, you have to change your approach to the home search. A seller’s market, like the one we are currently experiencing, doesn’t mean it’s a bad time to buy (especially with today’s low mortgage rates). It just...
by admin | Nov 10, 2020 | Buying A Home
Yes, it is currently a hot seller’s market. With low inventory and buyers actively searching, the market is moving faster than we’ve seen in years. However, sellers aren’t the only ones benefitting from the current market. Record low interest rates benefit buyers,...
by admin | Sep 8, 2020 | Buying A Home
There are pros and cons to every market. The biggest pro for buyers right now is low interest rates give you more buying power. The biggest con? With low inventory, competition is fierce. With many Connecticut sellers receiving multiple offers, buyers must...
by admin | Aug 4, 2020 | Common Real Estate Questions
Mortgage interest rates have been hitting new lows this summer. Which leaves many homeowners asking: should I refinance my mortgage? In July, refinance applications were up 111% compared to last year, according to Mortgage Bankers Association. For homeowners with a...
