Myths About the 2024 Housing Market [INFOGRAPHIC]

Written by Tampa Bay Mortgage Syndicated User on April 20, 2024. Posted in Buying Tips, Forecasts, Infographics, Mortgage Tampa, Selling Tips, Tampa Bay Mortgage, Tampa Mortgage.

Some HighlightsWhen it comes to the current housing market, there are some myths circling around right now. Some of the more common ones are that it’s better to wait for mortgage rates to fall or prices to crash. But there are others about the supply of homes for sale and down payments. Lean on a real estate professional to help separate fact from fiction in today’s housing market.

Should I Wait for Mortgage Rates To Come Down Before I Move?

Written by Tampa Bay Mortgage Syndicated User on April 17, 2024. Posted in For Sellers, Mortgage Rates, Mortgage Tampa, Selling Tips, Tampa Bay Mortgage, Tampa Mortgage.

If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you.In the housing market, there’s a longstanding relationship between mortgage rates and buyer demand. Typically, the higher rates are, you’ll see lower buyer demand. That’s because some people who want to move will be hesitant to take on a higher mortgage rate for their next home. So, they decide to wait it out and put their plans on hold.But when rates start to come down, things...