Kyle Bergquist

Housing markets are currently seeing various shifts, and one significant topic is the performance of 15-year fixed mortgage rates. Based on recent statistics, these rates present a stable yet crucial option for home buyers opting for a shorter repayment duration. For those looking to optimize their houses and pay off their debts sooner, understanding these mortgage parameters is essential. I recall a recent conversation with a client who was hesitant about whether to choose a 15-year over a 30-year fixed mortgage. We explored how a 15-year mortgage can save substantial amounts in interest over the life of the loan — potential savings that can make a significant impact over time. It ultimately led them to make an informed decision aligning with their financial goals. Considering these elements, I encourage every potential homebuyer and real estate professional to reflect on: Are you exploring the longevity of your mortgage options to ensure you're making the best investment for your future? 📊 Current market insights note that more buyers are considering shorter mortgages, allowing for greater equity quicker. Have you looked into your options today? Let’s dive deeper into your mortgage strategy — success in real estate starts with the right choices upfront! #MortgageTips #HomeBuying #InterestRates #RealEstate #MortgageRates #FinancialStrategy #Homeownership #EquityBuilding

📢 EXISTING HOME SALES | MARCH 2024 After hitting their highest level in a year in February, sales of existing homes slipped 4.3% in March. However, sales are still at their second highest level since last May as NAR’s Chief Economist, Lawrence Yun, confirmed they’re “rebounding from cyclical lows.” The rise in first-time buyers and multiple offers also suggests demand remains ahead of the spring buying season even in the face of elevated mortgage rates. #homesellers #homesales #realestate #mortgagemarketnews #mortgageintheknow

Read this story, which also has a video, about the latest trends in new build homes.

Pending Home Sales (signed contracts on existing homes) rose 3.4% from February to March, well above expectations, as the index hit its highest level in a year. NAR’s Chief Economist, Lawrence Yun, added that home prices are still expected to "march higher” given the ongoing tight supply of homes for sale. #homesales #realestate #mbshighway #mbssocialshare #mortgagemarketnews #mortgageintheknow

Pending Home Sales (signed contracts on existing homes) plunged 7.7% from March to April, as the index hit its lowest level in a year. NAR’s Chief Economist, Lawrence Yun, noted that “the impact of escalating interest rates throughout April dampened home buying, even with more inventory in the market." #homesales #realestate #mbshighway #mbssocialshare #mortgagemarketnews #mortgageintheknow

Looking for down payment assistance? 🏡💡 The House Key Opportunity program by the Washington State Housing Finance Commission might be just what you need! This is another DPA program that helps qualified homebuyers with down payment and closing cost assistance, making homeownership more affordable and within reach. 🙌 Ready to learn more and see if you qualify? Let’s chat! #HomeownershipGoals #DownPaymentAssistance #WSHFC #HouseKeyOpportunity #FirstTimeHomebuyer #HomebuyingHelp #MortgageTips

Looking for down payment assistance? 🏡💡 The House Key Opportunity program by the Washington State Housing Finance Commission might be just what you need! This is another DPA program that helps qualified homebuyers with down payment and closing cost assistance, making homeownership more affordable and within reach. 🙌 Ready to learn more and see if you qualify? Let’s chat! #HomeownershipGoals #DownPaymentAssistance #WSHFC #HouseKeyOpportunity #FirstTimeHomebuyer #HomebuyingHelp #MortgageTips

While rates can dominate the real estate market news, there are so many other factors to consider when deciding if now is the time to buy. The cost of waiting even 1 year to buy, could actually be equivalent to THOUSANDS of dollars. Let’s talk about why! #closingwithcertainty #builtdifferent #mortgagelender #nowisthetimetobuy #realestate #certaintyluxury

MBS Highway Housing Index (April 2024) The MBS Highway National Housing Index rose 3 points in April 2024, resuming its upward trajectory after a brief pause in March. While buyer activity improved month-over-month in most regions, it remains lower compared to the same time last year. Home prices, meanwhile, continue to move higher, boosted by seasonal demand and buttressed by low inventory. #mbshighwayhousingsurvey #mbshighwayhousingindex #mbshighway #mbssocialshare #mortgagemarketnews #mortgageintheknow

How To Apply for a Mortgage Online Contact me to discuss the latest scoop in real estate! #ColoradoMortgageBroker #COMortgageExperts #ColoradoHomeLoans #MortgageBrokerCO #ColoradoMortgageSpecialist #COMortgageAdvisor #ColoradoMortgageRates #COHomeFinancing #ColoradoMortgageAdvice

Moving in the right direction.