"Marry the house, date the rate" is a phrase often used in the context of real estate and mortgages. It essentially means that when you're purchasing a house, you should focus more on the characteristics and suitability of the house itself rather than solely on the interest Continue Reading
Mortgage Rate Forecast 2024
30 Year (Blue) 15 Year (Green) from Freddie Mac see: https://www.freddiemac.com/pmms Throughout 2023, buyers were waiting patiently to see if mortgage rates would fall. Over the last two years, mortgage rates climbed from 3.2% in January 2022 to 7.23% in summer 2023. Continue Reading
How to Find Coming Soon Listings
Listings are becoming more scarce in the Lake Tahoe and Truckee real estate market. A listing that becomes ACTIVE in the MLS often receives multiple offers on the day it is listed. This presents a challenge for buyers who are using the internet to find available Continue Reading