Archives: January 2017

January Is Off Like A Rocket

A New Year, A New Look Yellow – Seller’s Market. Blue – Balanced Market. Red – Buyers Market.   Download your free copy of the 2016 Des Moines Residential Real Estate Annual Report 2017 is going to be a great year. I’m a person that thrives around change. I look for the best in what […]

2 Myths That May Be Holding Back Buyers

Fannie Mae’s article, “What Consumers (Don’t) Know About Mortgage Qualification Criteria,” revealed that “only 5 to 16 percent of respondents know the correct ranges for key mortgage qualification criteria.” Myth #1: “I Need a 20% Down Payment” Fannie Mae’s survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. According […]

How Low Interest Rates Increase Your Purchasing Power

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.09%, which is still very low in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power. Purchasing power, simply put, is […]