Blog - Peter Gorbutt

Real Estate Market Updates

So Fannie Mae has announced that they will drop their down payment requirements

Fannie Mae News While the majority of mortgage rates experienced an increase last week, rates on adjustable-rate mortgages (ARMs) saw a decline. This led to a rise in the volume of ARM applications and an overall increase in application numbers. Over the course of the week, the level of ARM applications witnessed a 15 percent […]
Home Financing and Mortgages:

Unraveling the Impact of High Interest Rates on the Current Economy

Interest rates play a critical role in shaping economic conditions and influencing the behavior of individuals, businesses, and financial institutions. In recent times, the topic of high interest rates has garnered significant attention due to its potential impact on the current economy. This blog aims to delve into the effects of high interest rates and […]
general

Buyers should consider using Coldwell Banker Realty for several reasons:

1. Reputation and Experience: Coldwell Banker Realty is one of the most well-established and respected real estate companies globally. With a history dating back to 1906, they have built a solid reputation for their expertise and professionalism in the industry. Their vast experience means they have a deep understanding of the market and can provide […]
Home Buying Tips

Weather can have a significant impact on the real estate market in various ways. Here are some of the ways in which weather can affect the real estate industry:

1. Property Demand: Weather conditions can influence the demand for certain types of properties. For example, areas with pleasant climates, such as mild temperatures and abundant sunshine, often attract more buyers and investors. On the other hand, regions with extreme weather conditions, such as hurricanes, floods, or excessive heat, may experience decreased demand and decreased […]