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What Might Happen if Mortgage Rates go down to 5% – Things Could Get Interesting.

What Might Happen if Mortgage Rates go down to 5% – Things Could Get Interesting.

by Stig Bergquist | Aug 17, 2023 | Advice For Buyers, Buyer, Buying a Home, Interest Rates, Mortgage Rates

If mortgage rates drop to 5%, prepare for some excitement in the housing market! According to a Zillow survey, nearly 40% of homeowners with mortgage rates above 5% are considering selling their homes within the next three years. This is almost twice the number of...
Don’t Fall for the Next Shocking Headlines About Home Prices

Don’t Fall for the Next Shocking Headlines About Home Prices

by Stig Bergquist | Jul 25, 2023 | Buyer, Buying Myths, Housing Market Updates

If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on that topic. Part of the issue is how headlines are talking about...
Housing Market for May 2023

Housing Market for May 2023

by Stig Bergquist | Jun 20, 2023 | Buyer, Housing Market Updates, Market Trends, Market Updates

Some insights to share with you. Let’s dive right in and explore what the future holds for the real estate scene.   Okay, so here’s the deal: the housing market is looking pretty promising at the moment. Confidence is high, and experts believe that things are...
A Drop in Equity Doesn’t Mean Low Equity

A Drop in Equity Doesn’t Mean Low Equity

by Stig Bergquist | Jun 14, 2023 | Buyer, Housing Market Updates, Move-Up Buyers, Pricing, Sellers

You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s how...
The Main Reason Mortgage Rates Are So High

The Main Reason Mortgage Rates Are So High

by Stig Bergquist | Jun 7, 2023 | Buyer, Interest Rates

Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions: Why Are...
The Impact of Changing Mortgage Rates

The Impact of Changing Mortgage Rates

by Stig Bergquist | May 19, 2023 | Buyer, Infographic, Interest Rates

Some Highlights If you’re looking to buy a home, you should know even a small change in mortgage rates has an impact on your purchasing power. These charts show how rates generally affect your monthly payment. The best way to navigate changing mortgage rates and make...
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Newton, MA 02459
Phone: 617-413-2539
Email: stig@stigbergquist.com

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