Blog | My Blog - Eric McKee

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Home Buyers…Should You Wait For Mortgage Rates To Drop?

Think Twice Before Waiting for 3% Mortgage Rates Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful home buyers experienced a hit to their purchasing power as a result, and some […]
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The Housing Market Is NOT Headed Towards a Crash

Today’s Housing Market Is Nothing Like 15 Years Ago There’s no doubt that when it comes to the housing market, today’s market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make […]
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Should You Buy Or Sell A Home In 2023’s Housing Market?

What Experts Are Saying About the 2023 Housing Market If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and […]
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Wondering How Much You Need To Save for a Down Payment?

Wondering How Much You Need To Save for a Down Payment? If you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don’t let a common misconception about how much you need to save […]