Mary Ann Brousseau, Realtor

03/01/2019

Interest Rates Hit New 12 Month Low!

According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018!

Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. At 4.32%, the second week of February 2018 was the last time rates were this low. This can be seen in the chart below.

Interest Rates Hit New 12 Month Low! | MyKCM

Freddie Mac’s Chief Economist, Sam Khater, had this to say:

“Mortgage rates fell for the third consecutive week, continuing the general downward trend that began late last year.

Wages are growing on par with home prices for the first time in years, and with more inventory available, spring home sales should help the market begin to recover from the malaise of the last few months.”

Bottom Line
If you plan on buying a home this spring, meet with a local real estate professional who can help prepare you for today’s market before rates increase!

07/30/2018

Life should be happy!

06/06/2018

Stage Your Home Without Breaking the Bank

If you're in the process of preparing your home for the real estate market, get ready to roll up your sleeves and make your home as irresistible as possible! While this may sound like an enormous

05/30/2018

Four Advantages of a Two-Car Garage

Is a two-car garage a luxury or an essential feature of a home? While it may not always be a top priority for first-time buyers, many seasoned homeowners consider it a "must have" item. In a

05/23/2018

If A Seller Leaves Their Belongings Behind

When a house is sold, it’s generally expected that the seller will take all of their personal belongings along with them. This includes furniture, pictures, cleaning supplies, and appliances that were

05/16/2018

Are You Ready to Conduct a Home Appraisal?

A home appraisal enables a seller to learn about the value of his or her house relative to the current housing market. As such, an appraisal represents an important opportunity, particularly for a sel

05/09/2018

Carpeting Is a Problem For Home Sellers and Buyers

If you're an allergy sufferer, you probably have a love-hate relationship with carpeting. On one hand, you may love the way soft carpeting feels on your bare feet when you step out of bed first th

04/18/2018

Balancing Privacy With Good Neighbor Relations

   Robert Frost's poem, Mending Wall , poses an interesting question about whether "good fences make good neighbors." On one hand, there are several advantages to ha

04/11/2018

Avoid Making a “Lowball” Offer on a Home

After a thorough review of the real estate market, you've found your dream home. Now, you just need to submit a fair offer that the home seller will accept. Regardless of whether you're shopp

04/04/2018

Tips To Help You Sell your Home

There is a lot to think about when you know you’re ready to sell your home. The best approach is to take things step-by-step in order to get everything right.  Make Necessary Repairs Before y

03/28/2018

Avoid Risks During the Homebuying Journey

Let's face it – there are many risks that you may face during the homebuying journey. From submitting an offer on a house that ultimately proves to be a poor investment to failing to obtain a mort

03/21/2018

Homebuying Tips: How to Prepare for a Difficult Negotiation

Although buying a home should be a fast, seamless process, negotiations with a home seller sometimes can slow down the homebuying journey. Let's face it – no one wants to deal with long, arduous n