National Builder Trade In Program

Welcome to your Weekend!

by Builder Trade In Program May, 02

Arizona Diamondbacks vs. Houston Astros

Chase Field Events

401 E. Jefferson St. Phoenix, AZ...

Home Buying Myths Slayed

by Builder Trade In Program Apr, 23

  • The average down payment for first-time homebuyers is only 6%!
  • Despite mortgage interest rates being over 4%, rates are still below historic numbers.
  • 88% of property managers raised their rents in the last 12 months!
  • The credit score requirements for mortgage approval continue to fall.

 

Getting Pre-Approved Should Always Be Your First Step

by Builder Trade In Program Apr, 16

In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.

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Freddie Mac: Rising Mortgage Rates DO NOT Lead to Falling Home Prices

by Builder Trade In Program Mar, 26

Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year.

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The Cost of Waiting: Interest Rates Edition

by Builder Trade In Program Mar, 19

  • Interest rates are projected to increase steadily heading into 2019.
  • The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be.
  • Rates are still low right now. Don’t wait until rates hit 5% to start searching for your dream home!

The Difference an Hour Will Make This Spring

by Builder Trade In Program Mar, 12

Every hour in the United States: 614 homes are sold, 81 homes regain equity (meaning they are no longer underwater on their mortgage), and the median home price rises $1.51!

The Mortgage Process: What You Need to Know

by Builder Trade In Program Feb, 26

  • Many buyers are purchasing a home with a down payment as little as 3%.
  • You may already qualify for a loan, even if you don’t have perfect credit.
  • Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.

 

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Should I Wait Until Next Year to Buy? Or Buy Now?

by Builder Trade In Program Feb, 19

  • The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
  • Freddie Mac predicts interest rates to rise to 5.1% by 2019.
  • CoreLogic predicts home prices to appreciate by 4.3% over the next 12 months.
  • If you are ready and willing to buy your dream home, find out if you are able to
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Where Are Mortgage Interest Rates Headed in 2018?

by Builder Trade In Program Feb, 12

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search.

Below is a chart created using Freddie Mac’s U.S. Economic & Housing Marketing Outlook. As you can see, interest rates are projected to increase steadily over the course of the next 12 months.

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U.S. Housing Inventory Crunch Continues… List Your House Today!

by Builder Trade In Program Jan, 29

Every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes.

 

Mortgage rates hovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!

 

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