… Intense competition between buyers is causing an astronomical amount of bidding wars over houses for sale on the market. In turn, these bidding wars are driving up home prices to record levels. While it might be tempting to make a bid that far exceeds the appraised value of the home, it can actually complicate your ability to get a mortgage.

New home sales in February dropped well below their January levels. Does this mean the red hot housing market is cooling down? Does this mean that homebuyers have finally had enough? The team at Peoples Choice Mortgage wants to take you behind some of this data to give you the full picture. When you look at all the numbers, the housing market is strong as ever and nothing is stopping motivated homebuyers.

For the first time since July of 2020, mortgage rates climbed about 3%. Chances are very slim that rates will drop any lower and might actually increase. The team at Peoples Choice Mortgage is here to discuss what rising mortgage rates mean for homeowners and home buyers.

Rock bottom mortgage rates have been the fuel for the real estate market’s revved up engine. Since that is the case, what does the future hold for mortgage rates and what does it mean for the market? The team at Peoples Choice Mortgage is here to walk you through some of the important things to be aware of when it comes to mortgage rates.

…The truth is that buying a home is not a financial burden, even if you need a mortgage to do so. Instead, buying a home is a way for you to build financial wealth. Why is that? The team at Peoples Choice Mortgage is here to go deeper into the decision to buy a house and break down the financial power of home ownership.

…you should not let the sticker shock of today’s home prices make you think that you cannot afford to buy a home. There is more to home affordability than its cost and the team at Peoples Choice Mortgage is here to tell you why.

If you are one of those people who have been thinking about buying a home, but haven’t acted on it, it is time to stop delaying. Waiting any longer to buy a new home can cost you significant money in the short term and long term.

Home sales were up for nearly every market in the nation, including Massachusetts. However, for everyone who bought the house of their dreams, there were just as many wishing they could do the same. That begs the question: why didn’t they? Many people have been sitting on the sidelines because they don’t think they are able to buy a house. However, buying a home isn’t just for the wealthy. Regular people can buy homes too. Here’s how to make it happen ...