Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a READ MORE
With Mortgage Rates Climbing, Now’s the Time to Act
Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That is the highest point it has been in almost two years. If you are thinking about buying a home, this news may have come as READ MORE
Mortgage Rates Surged to 3.63% Last Week
A heavy dose of reality is beginning to settle in for potential borrowers in Grays Harbor looking to time the market at just the right time to ensure substantial savings. The average 30-year fixed mortgage READ MORE
Why Waiting to Sell Your House Could Cost You a Small Fortune
Many homeowners in Grays Harbor who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur READ MORE
Don’t Believe Everything You Read: The Truth Many Headlines Overlook
There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise. With all READ MORE
Grays Harbor Sellers Have Incredible Leverage in Today’s Market
With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. This is as true in the READ MORE
Housing Challenge or Housing Opportunity? It Depends.
One of the greatest challenges in Grays Harbor’s real estate market today is the lack of available homes for sale. The low housing supply has caused homes throughout Grays Harbor to appreciate at a much READ MORE
Grays Harbor Homeowners Choice: Renovate or Sell?
The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of READ MORE
Don’t Wait for a Lower Mortgage Rate – It Could Cost You
Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the READ MORE
Reasons You Should Consider Selling This Fall
If you’re trying to decide when to sell your house, there may not be a better time to list than right now. Grays Harbor is in the ultimate sellers’ market and it won’t last forever. If READ MORE