EXIT Realty Premier Blog

Why You May Still Want To Sell Your House After All

August 29, 2023

For SellersDemographicsSelling Myths

Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider. While the financial side of things does matter, your personal needs may actually matter just as much. As an article from Bankrate says:

“Deciding whether it’s the right time to sell your home is a very personal decisi...

Explaining Today’s Mortgage Rates

July 19, 2023

For BuyersInterest RatesHousing Market Updates

If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast.  

But, there’s one thing that’s historically a good indicator of what’ll happen with rates, and that’s the relationship between the 30-Year Mor...

Americans Still View Homeownership as the American Dream

July 4, 2023

For BuyersFirst Time Home BuyersHousing Market Updates

Everyone’s interpretation of the American Dream is unique and personal. But, for many people, it’s tied to a sense of success, freedom, and prosperity. These are all things that owning a home can help provide.

A recent survey from Bankrate asked respondents which achievements they feel most embody the American Dream. The responses prove owning a home is still import...

Some Highlights

• Buying a home is a major way to build wealth and gain financial stability.
• That’s why, across different income levels, the largest part of most homeowners’ net worth is their equity.
• Let’s connect today so you can start investing in homeownership.

Selling? Buying? Premier agents give YOU Premier results!⁠𝐄𝐗𝐈𝐓 𝐑𝐞𝐚𝐥𝐭𝐲 𝐏𝐫𝐞𝐦𝐢𝐞𝐫!⁠ (516) 795-1000⁠https://www.exitpremiersells.com🆓Get your FREE home valuation and home selling consultation via: https://www.exitpremiersells.com/how-m...

How Changing Mortgage Rates Can Affect You

April 3, 2023

For BuyersInterest RatesBuying Myths

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 helps show the general relationship between mortgage rates and a typical monthly mortgage payment:

Even a 0.5% change can have a big...

Facts About Closing Costs [INFOGRAPHIC]

 

March 31, 2023

For BuyersInfographicsFirst Time Home BuyersMove-Up BuyersBuying Myths

Some Highlights

• If you’re thinking about buying a home, be sure to plan for closing costs.
• Closing costs are typically 2% to 5% of the total purchase price of a home, and they can include things like government recording costs, appraisal fees, and more.
• Let’s connect so I can answer your questions about the homebuying process.

 

Selling? Buying? Premier agent...

Things To Avoid After Applying for a Home Loan Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need to avoid after applying for your home loan. Don’t Deposit Large Sums of Cash Lenders need to source your money, and cash isn’t easily traceable. Before you deposit any amount of...