by Element Mortgage | Jan 20, 2020 | Live, Washington
The new decade started with more promising news for future home buyers. The historically low mortgage rate fell to a three-month low. Freddie Mac reports that today’s rate is also 81 basis points under what it was at this point a year ago. Both favorable rates and the...
by Element Mortgage | Jan 10, 2020 | Live, Washington
As part of Fannie Mae’s Home Purchase Sentiment Index, people were asked their reasons for now being a great time to enter the real estate market. Favorable interest rates was the most frequent response in the December survey measuring consumer sentiment about buying...
by Element Mortgage | Jan 7, 2020 | Live, Washington
Pending home sales strongly rebounded to close out 2019, following a 1.7 percent decline in October. The National Association of Realtors said the Pending Home Sales Index gained steam in November. It rose 1.2 percent that month and was up nearly 8 percent year over...
by Element Mortgage | Dec 30, 2019 | Live, Washington
There are several ways to begin the process of buying a home. First, you must dream it. Then, you should get a pre-approval. Buying a home is an exciting time, and some soon-to-be homeowners may be unsure about the first strategic steps that should be taken. When you...
by Element Mortgage | Dec 26, 2019 | Live, Washington
Builders will enter the new decade more confident than they have been in twenty years, a new National Association of Home Builders survey found. Their confidence starts with consumers, who are driving positive home sale trends while enjoying historically low interest...