Mortgage Rates Expected to Stay Above 7% Through 2027

The mortgage rates we’re seeing right now are scary enough, even for October. What the experts expect from now until the end of next year might not be what you want to hear.  But it comes with some good news, too.  A new mortgage rate forecast from Mortgage Bankers Association (MBA), a national grou

Waiting Until Spring to Sell Your Temecula Home? Start Preparing This Fall

  If you've decided to wait until spring to sell your home in Temecula, you have likely thought about price and competition.  According to Realtor.com, price reductions tend to peak in the fall, as sellers who didn't sell over the summer find they’re competing for a smaller pool of buyers.  In today

How to Protect Your Housing Budget From Rising Mortgage Rates

The 30-year fixed mortgage rate hit 7.5% last week, shortly after the Fed raised rates for the first time in three years. If you're planning to buy a home sometime in the next year, that kind of move could change what you can afford by about $60,000. I know rates have a lot of buyers in Temecula fee

Should You Wait to Buy a Home? Here's What 23 Years of Data Say

  Should you buy now, or wait for a better time? I hear this question from buyers in Temecula all the time, and I understand why you'd ask it. Putting your money into a home is a huge decision, and nobody wants to look back and wish they'd waited for a lower rate or a better price. A study by AD Mor