A Shift in the Market Tide

As economists scramble to update their 2022 housing forecasts issued back in December and update midyear forecasts to factor in the curveballs the market has been pitched, we have been diligently paying attention to the changes and analyzing what is to come. It’s no secret that rates are soaring, an

Interest Rates Still Historically Low

The Fed recently announced a .5 raise in interest rates leading to the 30-year fixed mortgagerate to end the first week of May 2022 at 5.27%. The rate rose 17 base points and is the highestit has been since August of 2009. The same occurred for the 15 -year fixed mortgage rate,ending the week up 12

Tips for Buying a Home in Virginia Beach!

To everyone trying to buy homes in Virginia Beach, stay strong! With Virginia Beachexperiencing one of the highest bidding wars in the country, yes, the entire country, there issure to be some upset. Do not fear though as we are here to help tip you in the right direction!According to Redfin, Virgin

VA Loan! What does that mean?

The VA loan is a government backed loan, which means that VA will reimburse the lender in theevent of loss due to foreclosure; this guarantee takes the place of the down payment. The VAhome loan was introduced by the G.I. Bill, and was created with the intent to help Veterans,Servicemembers, and the