Michael Fabbro PLLC - Luxury AZ Properties

08/14/2023

Investing in Real Estate in Arizona

08/12/2023

The Federal Reserve Has Paused Rate Hikes. Here's What That Means for Home Equity Loan Borrowers
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The Federal Reserve recently opted to pause interest rate hikes in response to lower inflation levels. This could be beneficial for those looking to take out a home equity loan, as the cost of borrowing is likely to remain steady. Despite the pause, borrowers should still apply soon as the Fed is se...

07/31/2023

US Homebuilder Sentiment Surges

Michael Fabbro is a real estate agent with The Ignite Group @ West USA Realty. Check out Michael Fabbro's listings or office listings.

07/30/2023

5 Reasons to Consider Investing in Single-Family Homes
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Single-family rental properties have become a popular investment option amongst Millennials and Generation Z due to their lower volatility than stocks, potential for appreciation, and ability to provide steady supplemental income streams. They represent more than half of the U.S. rental market and a...

07/22/2023

Current Mortgage Rates and How to Compare Offers
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Mortgage rates are currently in the mid- to high-6 % range, which is higher than 2020 and 2021, but still lower than the past. The Federal Reserve has paused rate hikes, but they are likely to increase in the future. Making smart financial decisions can help you save money each month and over the li...

07/13/2023

Spring Home Buying Tips

Michael Fabbro is a real estate agent with The Ignite Group @ West USA Realty. Check out Michael Fabbro's listings or office listings.

07/04/2023

Mortgage Interest Rates Forecast
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The average rate on a 15-year fixed-rate mortgage went up 17 basis points to 5.268% APR, and the average rate on a 5-year adjustable-rate mortgage fell three basis points to 5.24% APR, according to rates provided to NerdWallet by Zillow. The rate on the 30-year fixed went up almost three-quarters of...

06/25/2023

Mortgage Rates Continue to Rise in the U.S.
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Freddie Mac's Primary Mortgage Market Survey shows that the 30-year fixed-rate mortgage rate has increased to 6.79% and the 15-year fixed-rate mortgage rate has increased to 6.18% as of June 1, 2023. This is due to the current buoyant economy and the likelihood of a Federal Reserve rate hike. Sign u...

06/17/2023

The latest mortgage rates are now 7.18%
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On Wednesday, May 31, US mortgage rates were down from the previous day and the same time last week, according to Bankrate. The average rate for 30-year fixed-rate mortgages was 7.18%, 15-year fixed-rate mortgages was 6.61%, and 5/1 adjustable-rate mortgages was 6.03%. Rates for jumbo mortgages, FHA...

06/07/2023

5 Advantages and Disadvantages of Buying Manufactured Homes
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Manufactured homes are becoming more popular due to their affordability, customization options, quick construction, energy efficiency, and quality control. However, some potential drawbacks include depreciation, land considerations, and limited design options.

05/30/2023

Best Places in Every State to Get a Vacation Home
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05/22/2023

What Do Buyers Need to Jump Back in The Market?

Michael Fabbro is a real estate agent with The Ignite Group @ West USA Realty. Check out Michael Fabbro's listings or office listings.