Daily Archives: January 23, 2022

Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%.

One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy?

Some Highlights

• According to a Gallup poll, real estate has been rated the best long-term investment for eight years in a row.
• Real estate tops the list because you’re not just buying a place to call home – you’re investing in your future. Real estate is typically considered a stable and secure asset that can grow in value over time.
• Reach out to a trusted advisor today if you’re ready to make real estate your best investment this year.

You may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what does that really mean, and why is it so important?