- So You Want to Build: 7 Steps to Creating a New Home August 21, 2018
- 8 Pieces of Furniture You’ll Keep Forever August 20, 2018
- Our First Community Event Was A Ton Of Fun! August 16, 2018
We had a great time meeting the community and talking about real estate. A big thank you to everyone that stopped by our booth to speak with us.
We gave away a beautiful cutting board made by a local WNC artist.
The winner was Wendy Nevarez. Thank you all that entered.
- How to Light the Front of Your House August 15, 2018
- Quick Mortgage Update August 11, 2018
Home prices are showing signs of easing compared with price increases from last year. While the annual rate of home values remain at historically high levels, the rate at which they are increasing is waning in recent months.
As far as mortgage rates are concerned, the 30 year fixed-rate national average is up for a second consecutive week and rates are hovering around 7 year highs at the moment. The recent Federal Reserve meeting took a pass on raising rates again, however the expectation is that there will be raises on the Federal Fund Rate later in the year. The rates are already baked in for the upcoming rate hikes in anticipation.
Despite the gradual inching up of mortgage rates, it’s a still a great time to buy a home as rates are still incredibly low in comparison to other times in the not too distant history and there is a wide variety of different options and programs available.
This market update is brought you to by Sean Spacil with Supreme Lending. For more mortgage information contact Sean at 828-708-5327.