As a thought leader in the mortgage industry, I was recently asked to comment on what the increase in mortgage rates means for homebuyers right now. A reporter from Fox 5 came to the Southeast Mortgage offices to interview me on the topic and the segment appeared on “Good Day Atlanta,” in a report by […]
Tag: buying a home
Posted inHome Mortgages, Thought Leader
Interest Rates Inch Up
They say what goes up must come down. The reverse is true of mortgage rates. We’ve been enjoying historically low rates but it seems that they are on the rise.
Posted inHome Mortgages, Thought Leader
Survey Says Homebuyers Not Educated on Mortgage Process
If someone asked you what type of home you would like to buy, you’d probably know the answer. But if someone asked you what type of mortgage you want, could you answer the question just as quickly?
Posted inHome Mortgages, Thought Leader
Housing Takes the Lead in Economic Recovery
Housing is leading the way in the economic recovery because of the ripple effect it’s creating for corporations. The Wall Street Journal reported the phenomenon and explained how many corporations have reported increased sales and earnings as an effect of the housing market picking back up. “While the incoming data continue to be mixed, evidence […]
Posted inHome Mortgages, Thought Leader
The Buyers and Sellers of 2012
The National Association of Realtors 2012 Profile of Home Buyers and Sellers is out and it offers some interesting insight on the market’s activity in 2012. The annual profile measures the demographics, preferences, motivations, plans and experiences of recent buyers and sellers. Research for this year’s report was conducted by distributing surveys to a sample […]
Posted inHome Mortgages, Thought Leader
Tales From First-Time Homebuyers
We’ve said it before and we’ll say it again: Now is a great time to buy a home. At Southeast Mortgage, we recently had several team members buy their first home. The current market provided each of them a unique and affordable opportunity they couldn’t pass up. One member of the Southeast Mortgage team bought […]
Posted inHome Mortgages, Thought Leader
Boomerang Buyers Ready to Enter the Market Again
Everyone loves a comeback story. A recent article in the Wall Street Journal reported on buyers that are making a comeback – “boomerang buyers.” These buyers aren’t new to the market but they are experiencing home buying differently the second time around – with a foreclosure in their past. While it seems like just yesterday […]
Posted inHome Mortgages, Thought Leader
Why the Housing Recovery Matters
Recently news outlets have been reporting small gains across the country in the housing market. Home prices improved in 20 cities, including Atlanta, and reporters were quick to add that an improving housing market will benefit the economy as a whole. No one followed up with an explanation of why a healthy housing market has […]
Posted inHome Mortgages, Thought Leader
Consumers – Data confirms Optimal Time to Buy
The Metro Atlanta Housing Market has entered a rare phase in normal housing cycles. Gradual diminishing benefit generally follows after this point is reached. Current housing data confirms housing prices are on the rise, inventory is significantly reduced, and historically low mortgage rates although slightly higher are still available. The down side risk of single […]
Posted inHome Mortgages, Thought Leader
3 Common Misconceptions About Buying a Home
By J.D. Crowe, Senior Vice President of Southeast Mortgage Working in the mortgage industry, I can’t believe how many customers are pleasantly surprised at their ability to purchase a home. Likewise, it is unnerving to hear how many misconceptions there are about what it takes to purchase in this economy. Here are some of the […]
