Maria Moragianis Licensed NYS Real Estate Associate Broker

Real Estate information. The Power of Mortgage Pre-Approval [INFOGRAPHIC] Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and a competitive edge in a bidding war. In today’s market, connecting with a lender to get p...re-approved may be the game-changer that helps you secure your dream home. DM me to learn more about this essential step in the homebuying process. #firsttimehomebuyer #opportunity #housingmarket Message me to discuss

Real Estate information. Are Interest Rates Expected to Rise Over the Next Year? So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have to say.... Danielle Hale, Chief Economist, realtor.com: Our long-term view for mortgage rates in 2021 is higher. As the economic outlook strengthens, thanks to progress against coronavirus and vaccines plus a dose of stimulus from the government, this pushes up expectations for economic growth . . . . Lawrence Yun, Chief Economist, National Association of Realtors (NAR): In 2021, I think rates will be similar or modestly higher . . . mortgage rates will continue to be... #firsttimehomebuyer #mortgagerates #opportunity Message me to discuss

Real Estate information. Is Home Price Appreciation Accelerating Again? At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up over the past twelve months. However, that increase in inventory has yet to materialize. The National Association of R...ealtors (NAR) reports that there are currently 410,000 fewer single-family homes available for sale than there were at this time last year. This has forced those who made appreciation forecasts this past January to amend those projections. The Mortgage Bankers Association, Fannie Mae, Freddie Mac, the National Association of Realtors, and Zelman & Associates have all adjusted their numbers upward after reviewing first... #expertanswers #purchasingpower #buyingpower Message me to discuss

Real Estate information. Should I Buy Now or Wait? [INFOGRAPHIC] If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again. Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates. Buying a home now means you’ll spend less in the long run. DM me to put your plans in motion before home prices and mortgage rates climb even higher.... #realestate #homeownership #homebuying #realestategoals Message me to discuss