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Monthly Archives: August 2019

    Great News From the World of Mortgage Rates

    By kwELITE | August 20, 2019

    At the moment, mortgage rates are still at an all-time low. What’s the latest news regarding mortgage rates in our real estate market? At the moment, they’re still hovering in the 3% range, which is an all-time low. Specifically, the average fixed rate for conventional loans is 3.75%, while the average for FHA and VA... Read More

    How Post-Inspection Negotiations Work

    By kwELITE | August 15, 2019

    What happens after a home inspection is finished? Who pays for repairs? Let’s discuss. Once a home inspection is finished, who pays for the necessary repairs? In truth, all of this will be decided through negotiations.  The seller isn’t obligated to complete or pay for any repairs, but, likewise, the buyer has the opportunity to... Read More