Tag : Mortgage Rates

2024 election buttons with American flags representing the importance of voting and its impact on the housing market.

How the 2024 Election Will (and Won’t) Impact Arizona’s Housing Market

Every presidential election sparks the same question: ‘Will the election affect the housing market?’ It’s a valid concern, particularly for those buying or selling homes in Arizona. Yet, despite the unpredictability of election years, data shows that the impact on the housing market is minimal. While some buyers might claim they’re waiting for election results, they make up only a small portion of the market and have little influence on overall trends. The numbers back this up, showing that sales […]

A person celebrating with colorful confetti, symbolizing the excitement and opportunity of low mortgage rates in Arizona, with others joining the festive mood.

Mortgage Rates Hit Lowest Point Since 2022: Why Now Is the Time to Buy or Refinance

If you’ve been waiting for a sign that it’s the right time to buy a home or refinance, here it is! Mortgage rates have just dropped to their lowest levels since Q2 of 2022, and this is an incredible opportunity for buyers and homeowners alike. Whether you’re looking to buy your first home or lower your monthly payments through refinancing, these rates could be the key to unlocking your financial goals. Understanding the Rate Drop After months of fluctuating interest […]

Buying / Featured / Market / Selling

A stack of charts and graphs displaying numbers and figures, illustrating local housing trends. A magnifying glass is positioned on top to signify close examination. In the midst of the spread-out papers, two wooden house-shaped paperweights suggest this is a snapshot of a prospective homebuyer's workspace, taking a momentary break from their research.

Navigating Mortgage Financing in 2023: What Homebuyers Need to Know

Buying a home is an exciting milestone, but it’s also a significant financial decision that requires careful consideration, especially when it comes to mortgage financing. In 2023, amidst a record-setting year for mixed-message headlines about whether it’s a favorable time to buy or not, the real estate market continues to evolve. Understanding the mortgage landscape remains essential for prospective homebuyers. Here’s what you need to know: Mortgage Rates are Still Historically Low: Given that mortgage rates have recently reached their […]

Buying / Featured / Market