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Archives

Home Mortgage Rates by Decade

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February 19, 2021 - General Information
Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of [...] Read More
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Monica Foster February 19, 2021

Will Low Mortgage Rates Continue through 2021?

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February 18, 2021 - General Information
With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: “The average 30-year fixed-rate [...] Read More
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Monica Foster February 18, 2021

3 Ways Home Equity Can Have a Major Impact on Your Life

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February 17, 2021 - General Information
There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated [...] Read More
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Monica Foster February 17, 2021

Millennials: Is It Time to Buy a Bigger Home?

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February 16, 2021 - General Information
In today’s housing market, all eyes are on millennials. Not only are millennials the largest generation, but they’re also currently between 25 and 40 years old. These are often considered prime homebuying years when many people begin to form their [...] Read More
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Monica Foster February 16, 2021

3 Ways You’ll Win When You Buy a Home This Year

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February 15, 2021 - General Information
There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible. If you’re a first-time homebuyer, having a home of your own can give you a [...] Read More
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Monica Foster February 15, 2021

Why It’s Easy to Fall in Love with Homeownership

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February 12, 2021 - General Information
Some Highlights Homeownership provides comfort, stability, and security, and it makes you feel more connected to your community. Your home is something to be proud of and is uniquely yours, so you can customize it to your heart’s desire. If [...] Read More
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Monica Foster February 12, 2021

47% of New Buyers Surprised by How Affordable Homes Are Today

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February 11, 2021 - General Information
Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordable than renting [...] Read More
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Monica Foster February 11, 2021

The Luxury Market Is Attracting Buyers in 2021

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February 10, 2021 - General Information
As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares: [...] Read More
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Monica Foster February 10, 2021

3 Reasons We’re Definitely Not in a Housing Bubble

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February 9, 2021 - General Information
Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little [...] Read More
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Monica Foster February 9, 2021

6 Foundational Benefits of Homeownership Today

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February 8, 2021 - General Information
Over the past year, our homes have become an integral part of our lives more than ever. They’re much more than the houses we live in. They’re our workplaces, virtual schools, and safe havens that provide shelter, stability, and protection [...] Read More
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Monica Foster February 8, 2021
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

Houston – Clear Lake – League City
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Galveston – Pearland – Sugarland
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