Ryan Weber - KW Realtor

Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That's the highest it's been in almost two years. If you're thinking about buying a home, this news may have come as a bit of a shock. 🙌

Experts have been calling for rates to rise in their 2022 projections, and the forecast is now becoming a reality. 🏡

What does that mean? NOW is the time to act. Let's have a conversation about it and talk about your best options. 👍

P.S...what an awesome shot from ⠀

You may have heard that it's important to get pre-approved for a mortgage at the beginning of the home buying process, but what does that mean, and why is it so important? 🙌

Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Just as important, being able to present a pre-approval letter shows sellers you're a qualified buyer, something that can really help you land your dream home in an ultra-competitive market. 🏡

With limited housing inventory, there are many more buyers active in the market than there are sellers, and that's creating some serious competition. Getting pre-approved helps you stand apart from the competition. You've probably heard this before, but it's essential to understand why getting pre-approved is so important. ☀️
⠀⠀⠀⠀
◾️ [email protected]⠀⠀⠀⠀⠀⠀
◾️ 215-479-0276⠀⠀⠀
⠀⠀

In case you're looking for something fun to do this weekend, here's a little tip from . I love this side of town, and if you're looking for nearby real estate...let me know.

" is having a new modern ski lodge-inspired pop-up featuring festive winter ales, comfort food, cozy fire pits and hot chocolate! 🎿☕ Who would you take to this Alpine Heights rooftop lounge? (Event runs through 2/26)"

📸:

◾️ Use the link in by BIO⠀⠀⠀⠀⠀⠀
◾️ [email protected]⠀⠀⠀⠀⠀⠀
◾️ 215-479-0276⠀⠀⠀
⠀⠀

The process of buying a home is not one to enter into lightly. You need to decide how long you plan to live in an area, how much space you need, what kind of commute works for you, and how much you can spend. 🙌

Then, you'll need to apply for a mortgage. Your lender will look at several factors to determine how much you're able to borrow, including your credit history. Lenders want to understand how you've managed paying your past debts. Then, you'll need to save for your down payment, typically at least 3% of your purchase price. 🏡

As you set out to realize your dream of homeownership this year, know that it's achievable with careful planning. Most importantly, let's talk if you'd like some guidance along the way. 👍

◾️ Use the link in by BIO⠀⠀⠀⠀⠀⠀
◾️ [email protected]⠀⠀⠀⠀⠀⠀
◾️ 215-479-0276⠀⠀⠀
⠀⠀

All my Philly people, have you checked out ? Love this place, it's awesome. Put it on your list to check out this weekend. 🙌

📸: