Many people have questions about home prices right now. How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year? Here’s a look at the answers to all three of these questions. How much have home values appreciated over the last 12 months? According to the […] Read more
Viewing: Economy & Finance
November 11, 2021
November 9, 2021
With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months, that conversation isn’t going away any time soon. But as a homebuyer, what do rates above 3% really mean? Today’s Average Mortgage Rate […] Read more
November 8, 2021
With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 million households lost […] Read more
April 4, 2018
Interest rates, and in turn mortgage rates, have crept up over the past year as the Federal Reserve has made four modest increases to their funds rate. The latest, on March 21st, is anticipated to be the first of three this year with the expectation the rate will have risen by more than 1% by […] Read more
Slater Thomson Team, Realtors, Los Gatos and Silicon Valley
408 357 5720 | Team@SlaterThomson.com
518 N Santa Cruz Ave, Los Gatos, CA 95030
DRE 01886128 & 01444563