Maryland Mortgage Loans

Why We Aren't Headed for a Housing Crash If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows. And spoiler alert: that’s not in the cards. Instead, experts say home prices are going to keep going up. Today’s market is very different than it was before the housing crash in 2008. Here’s why. It’s Harder To Get a Loan Now – and That’s Actually a Good Thing It was much easier to get a home loan during the lead-up to the 2008 housing crisis than it is today. Back then, banks had different lending standards, making it easy for just about anyone to qualify for a home loan or refinance an existing one. There Are Far Fewer Homes for Sale Today, so Prices Won’t Crash Because there were too many homes for sale during the housing crisis (many of which were short sales and foreclosures), that caused home prices to fall dramatically. But today, there’s an inventory shortage – not a surplus. People

#Pricing #InterestRates #HousingMarketUpdates Why We Aren't Headed for a Housing Crash: If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows. http://dlvr.it/T3QF73 /> http://dlvr.it/T3QFpr

If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows. http://dlvr.it/T3QF9m

Worried about saving 20% for a down payment? You might not need to. Plus, time is money, and taking the time to save that much could cost you more in the long run. That’s because while you’re saving, rising rents and home prices are working against you, and you’re missing out on building home equity. #downpayments #firsttimehomebuyer www.DanFreshley.com http://dlvr.it/T3K3Fb

ICYMI: #ForBuyers #FirstTimeHomeBuyers #BuyingMyths The Truth About Down Payments: If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. http://dlvr.it/T3GDMB /> http://dlvr.it/T3JrWh

#ForSellers #HousingMarketUpdates Why Today’s Housing Supply Is a Sweet Spot for Sellers: Wondering if it still makes sense to sell your house right now? http://dlvr.it/T3Jr78 /> http://dlvr.it/T3JrQn

Wondering if it still makes sense to sell your house right now? http://dlvr.it/T3Jr6C

Check out my blog post #newblogpost http://dlvr.it/T3GZyX

ICYMI: Expert Home Price Forecasts for 2024 Revised Up Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall. 2024 Home Price Forecasts: Then and Now There are two big factors keeping such strong upward pressure on home prices. The first is how few homes are for sale right now. According to Business Insider: “Low home inventory is a chronic problem in the US. This has generally kept home prices up . . .” A lack of housing inventory has been pushing prices up for a long time now – and that’s not expected to change dramatically this year. But what has changed a bit is mortgage rates. Late last year when most housing market experts were calling for home prices to rise only a little bit in 2024, mortgage rates were up and buyer demand was more moderate. Now that rates have come down from their peak last October, and with further declines expected over

#ForBuyers #FirstTimeHomeBuyers #BuyingMyths The Truth About Down Payments: If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. http://dlvr.it/T3GDMB /> http://dlvr.it/T3GDkn

If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. http://dlvr.it/T3GDMm

ICYMI: If you’re thinking about buying a home soon don't forget - your credit score is key and boosting it might be easier than you think. Start by reducing debt, staying on top of your payments, and fixing any errors on your credit report, like closed accounts that are reported as open. When you're ready, DM me so we can start the homebuying process. #homebuyingtips #creditscorematters www.DanFreshley.com http://dlvr.it/T3DMBm

Expert Home Price Forecasts for 2024 Revised Up Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall. 2024 Home Price Forecasts: Then and Now There are two big factors keeping such strong upward pressure on home prices. The first is how few homes are for sale right now. According to Business Insider: “Low home inventory is a chronic problem in the US. This has generally kept home prices up . . .” A lack of housing inventory has been pushing prices up for a long time now – and that’s not expected to change dramatically this year. But what has changed a bit is mortgage rates. Late last year when most housing market experts were calling for home prices to rise only a little bit in 2024, mortgage rates were up and buyer demand was more moderate. Now that rates have come down from their peak last October, and with further declines expected over the co

Expert Home Price Forecasts for 2024 Revised Up Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall. 2024 Home Price Forecasts: Then and Now There are two big factors keeping such strong upward pressure on home prices. The first is how few homes are for sale right now. According to Business Insider: “Low home inventory is a chronic problem in the US. This has generally kept home prices up . . .” A lack of housing inventory has been pushing prices up for a long time now – and that’s not expected to change dramatically this year. But what has changed a bit is mortgage rates. Late last year when most housing market experts were calling for home prices to rise only a little bit in 2024, mortgage rates were up and buyer demand was more moderate. Now that rates have... #expertanswers #stayinformed www.DanFreshley.com http://dlvr.it/T3DLXx

ICYMI: Home Equity Makes All the Difference When You Sell If you own a home, chances are you have a significant amount of equity in it. Let’s connect to find out how much. #homeequity #equityrich www.DanFreshley.com http://dlvr.it/T3Bk6F

If you’re thinking about buying a home soon don't forget - your credit score is key and boosting it might be easier than you think. Start by reducing debt, staying on top of your payments, and fixing any errors on your credit report, like closed accounts that are reported as open. When you're ready, DM me so we can start the homebuying process. #homebuyingtips #creditscorematters www.DanFreshley.com http://dlvr.it/T3Bbcr

If you’re thinking about buying a home soon don't forget - your credit score is key and boosting it might be easier than you think. Start by reducing debt, staying on top of your payments, and fixing any errors on your credit report, like closed accounts that are reported as open. When you're ready, DM me so we can start the homebuying process. #homebuyingtips #creditscorematters www.DanFreshley.com http://dlvr.it/T3BbGC

ICYMI: #Infographics #InterestRates How Changing Mortgage Rates Impact You [INFOGRAPHIC]: If you’re looking to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. http://dlvr.it/T3890F /> http://dlvr.it/T3BSTk

Home Equity Makes All the Difference When You Sell If you own a home, chances are you have a significant amount of equity in it. Let’s connect to find out how much. #homeequity #equityrich www.DanFreshley.com http://dlvr.it/T38Y5B

#Infographics #InterestRates How Changing Mortgage Rates Impact You [INFOGRAPHIC]: If you’re looking to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. http://dlvr.it/T3890F /> http://dlvr.it/T389Xl

If you’re looking to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. http://dlvr.it/T38900

Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall. http://dlvr.it/T35YV0

Don’t Let the Latest Home Price Headlines Confuse You Based on what you’re hearing in the news about home prices, you may be worried they’re falling. But here’s the thing. The headlines aren’t giving you the full picture. If you look at the national data for 2023, home prices actually showed positive growth for the year. The overarching story is that prices went up last year, not down. Let’s dive in to the data to set the record straight. 2023 Was the Return to More Normal Home Price Growth If anything, last year marked a return to more normal home price appreciation. To prove it, here’s what usually happens in residential real estate. In the housing market, there are predictable ebbs and flows that take place each year. It’s called seasonality. Home prices follow along with this seasonality because prices grow the most when there’s high demand. What You Really Need To... #realestate #homeownership #homebuying www.DanFreshley.com http://dlvr.it/T30QW6

#ForBuyers #FirstTimeHomeBuyers #BuyingMyths Strategic Tips for Buying Your First Home: Buying your first home is a big, exciting step and a major milestone that has the power to improve your life. http://dlvr.it/T30DFR /> http://dlvr.it/T30DyV

Buying your first home is a big, exciting step and a major milestone that has the power to improve your life. http://dlvr.it/T30DJk

Spring Selling Secret: Want your house to sparkle in the eyes of every potential buyer? Show it's been pampered and cared for. From decluttering to deep cleaning, make sure your space shines bright and leaves a lasting impression. DM me to chat about what steps you need to take to get your house market-ready this season. #springcleaning #sellyourhouse www.DanFreshley.com http://dlvr.it/T2vt0k

Spring Selling Secret: Want your house to sparkle in the eyes of every potential buyer? Show it's been pampered and cared for. From decluttering to deep cleaning, make sure your space shines bright and leaves a lasting impression. DM me to chat about what steps you need to take to get your house market-ready this season. #springcleaning #sellyourhouse www.DanFreshley.com http://dlvr.it/T2vsqH

Even though the National Association of Home Builders (NAHB) reported the third consecutive increase in its measure of home builder confidence, actual residential construction activity fell. The residential construction report for January shows both the rate of permitting and housing starts declined from the previous month, the second straight loss for starts. The U.S. Census Bureau and the Department of Housing and Urban Development said construction began on residential properties at a seasonally adjusted annual rate of 1.331 million units. This was down 14.8 percent from the December rate of 1.562 million. The December rate was, however, a substantial upgrade from the 1.460 million units originally reported. On a year-over-year basis, starts were almost flat, with a decline of 0.7 percent. Single-family starts fell 4.7 percent to an annual rate of 1.004 million units but that was an improvement of 22.0 percent from the prior January. Multifamily starts, at 314,000 units, were down 3

It was a sad day earlier this week for anyone who likes food out of a toaster as the inventor of Pop-Tarts passed away at age 96. (Yes, Pop-Tarts were invented… they don’t grow naturally in the wild.) Something else that isn’t found naturally is airline seat pricing. We’re in mid-February, and conference activity will increase, and families will start thinking about summer vacations. That often means flights. Prices do go up significantly 21, 14, and seven days before a flight, so keep that in mind. (For anyone who is genuinely interested, here’s an easy to read scholarly article on the awkward way in which airlines set seat prices.) And while we’re talking about dollars, recent Commentaries have mentioned the shift in regional manager’s pay to more profit-based rather than strictly volume, as well as how it is illegal to pay LOs on profits under TILA’s LO Comp Rule. Addressing management pay, attorney Steve Lovejoy with Shumaker Williams pointed out that, “If the branch manager is a p

Are More Homeowners Selling This Year? There are more homes for sale this year. Let’s connect to find the perfect one for you. #newlistings #homes #perfecthome www.DanFreshley.com http://dlvr.it/T2r6rz

Are More Homeowners Selling This Year? There are more homes for sale this year. Let’s connect to find the perfect one for you. #newlistings #homes #perfecthome www.DanFreshley.com http://dlvr.it/T2r6b4

ICYMI: #Pricing #HousingMarketUpdates Don’t Let the Latest Home Price Headlines Confuse You: Based on what you’re hearing in the news about home prices, you may be worried they’re falling. http://dlvr.it/T2n8Wx /> http://dlvr.it/T2qk6g

Apart from CPI and NFP there are only a handful of other reports that truly deserve to be considered supporting actors in the current bond market drama.  Retail Sales is one of them.  The report has generally been a thorn in the bond market's side over the past year as it has shown a surprisingly resilient consumer in the face of higher rates. That's why there was some concern among some bond watchers over today's forecast of -0.1.  Was this some sort of set-up?  Surely, a consistently stronger data series can do better than -0.1. But it turns out economists were on to something when they agreed on the negative print.  In fact, they could have been a whole lot more negative and still undershot the actual result: -0.8.   http://dlvr.it/T2nn0k

Retail sales tumbled 0.8% in January, much more than expected http://dlvr.it/T2ngcN

ICYMI: Why Pre-Approval Is Even More Important This Year On the road to becoming a homeowner? If so, you may have heard the term pre-approval get tossed around. Let’s break down what it is and why it’s important if you’re looking to buy a home in 2024. What Pre-Approval Is As part of the homebuying process, your lender will look at your finances to figure out what they’re willing to loan you. According to Investopedia, this includes things like your W-2, tax returns, credit score, bank statements, and more. From there, they’ll give you a pre-approval letter to help you understand how much money you can borrow. This sets you up to make an informed decision about your numbers. That way you’re able to tailor your home search to what you’re actually comfortable with budget-wise and can act fast when you find a home you love. Why Pre-Approval Is So Important in 2024 If you want to buy a home this year, there’s another reason you’re going to want to be sure you’re working with

#Pricing #HousingMarketUpdates Don’t Let the Latest Home Price Headlines Confuse You: Based on what you’re hearing in the news about home prices, you may be worried they’re falling. http://dlvr.it/T2n8Wx /> http://dlvr.it/T2n9N6

ICYMI: #ForBuyers #FirstTimeHomeBuyers #RentvsBuy Why So Many People Fall in Love with Homeownership: Chances are at some point in your life you’ve heard the phrase, home is where the heart is. http://dlvr.it/T2kXw0 /> http://dlvr.it/T2n979

Why Pre-Approval Is Even More Important This Year On the road to becoming a homeowner? If so, you may have heard the term pre-approval get tossed around. Let’s break down what it is and why it’s important if you’re looking to buy a home in 2024. What Pre-Approval Is As part of the homebuying process, your lender will look at your finances to figure out what they’re willing to loan you. According to Investopedia, this includes things like your W-2, tax returns, credit score, bank statements, and more. From there, they’ll give you a pre-approval letter to help you understand how much money you can borrow. This sets you up to make an informed decision about your numbers. That way you’re able to tailor your home search to what you’re actually comfortable with budget-wise and can act fast when you find a home you love. Why Pre-Approval Is So Important in 2024 If you want to buy a... #realestate #homeownership #homebuying www.DanFreshley.com http://dlvr.it/T2kzgy

Why Pre-Approval Is Even More Important This Year On the road to becoming a homeowner? If so, you may have heard the term pre-approval get tossed around. Let’s break down what it is and why it’s important if you’re looking to buy a home in 2024. What Pre-Approval Is As part of the homebuying process, your lender will look at your finances to figure out what they’re willing to loan you. According to Investopedia, this includes things like your W-2, tax returns, credit score, bank statements, and more. From there, they’ll give you a pre-approval letter to help you understand how much money you can borrow. This sets you up to make an informed decision about your numbers. That way you’re able to tailor your home search to what you’re actually comfortable with budget-wise and can act fast when you find a home you love. Why Pre-Approval Is So Important in 2024 If you want to buy a home this year, there’s another reason you’re going to want to be sure you’re working with a trust

Higher mortgage rates hindered application activity during the week ended February 9. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage loan application volume, decreased 2.3 percent on a seasonally adjusted basis from one week earlier although it did gain 2.0 percent on an unadjusted basis. The Refinance Index was 2,0 percent lower than the prior week and 12.0 percent higher than the same week one year ago. The refinancing share of mortgage applications made up 34.2 percent of the total, down from 35.4 percent the previous week. [refiappschart] The seasonally adjusted Purchase Index decreased 3.0 percent from one week earlier and was 4.0 percent higher before adjustment. The number of applications declined by 12 percent year-over-year. [purchaseappschart] “Application activity was weaker last week, as mortgage rates moved higher across the board. The 30year fixed mortgage rate was up to 6.87 percent – the highest rate since early December 20

#ForBuyers #FirstTimeHomeBuyers #RentvsBuy Why So Many People Fall in Love with Homeownership: Chances are at some point in your life you’ve heard the phrase, home is where the heart is. http://dlvr.it/T2kXw0 /> http://dlvr.it/T2kYBb

Chances are at some point in your life you’ve heard the phrase, home is where the heart is. http://dlvr.it/T2kXwf

Homeownership is a major part of the American Dream. http://dlvr.it/T2gxv4

Why You’ll Love Being a Homeowner You’ll love being a homeowner. Let’s connect and make it happen. #homeowner #dreamhome www.DanFreshley.com http://dlvr.it/T2bg9Z

Why You’ll Love Being a Homeowner You’ll love being a homeowner. Let’s connect and make it happen. #homeowner #dreamhome www.DanFreshley.com http://dlvr.it/T2bfz6

Headlines saying foreclosures are rising might make you feel uneasy, but there’s no cause for alarm. Today’s numbers are still below pre-pandemic levels and are significantly lower than the 2008 housing market crash. Let’s chat more about why today’s housing market is nothing like it was back then. #foreclosures #expertanswers www.DanFreshley.com http://dlvr.it/T2Yx4W

In today's housing market, you can still come out on top if you have the right team and plan. http://dlvr.it/T2WZMw

#ForSellers #SellingMyths Home Equity Can Be a Game Changer When You Sell: Are you on the fence about selling your house? http://dlvr.it/T2T7mY /> http://dlvr.it/T2T7vg

Are you on the fence about selling your house? http://dlvr.it/T2T7lD

Experts Project Home Prices Will Go Up in 2024 Experts project home prices will go up in 2024. Let’s connect to go over what’s happening with home prices in our local area. #homeprices #buyahome www.DanFreshley.com http://dlvr.it/T2NGvd