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Archives

Financial Fundamentals for Homebuyers

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January 22, 2021 - General Information
Some Highlights When you’re thinking about buying a home, there are a few key steps to take before you even start to look at houses. From saving for your down payment to getting pre-approved for a mortgage, you’ll want to [...] Read More
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Monica Foster January 22, 2021

What Experts Are Saying about the 2021 Job Market

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January 21, 2021 - General Information
Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of [...] Read More
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Monica Foster January 21, 2021

Owning a Home Is Still More Affordable Than Renting One

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January 20, 2021 - General Information
If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in [...] Read More
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Monica Foster January 20, 2021

Should I Wait for Lower Mortgage Interest Rates?

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January 19, 2021 - General Information
Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they [...] Read More
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Monica Foster January 19, 2021

How to Make the Dream of Homeownership a Reality This Year

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January 18, 2021 - General Information
In 1963, Martin Luther King, Jr. inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of [...] Read More
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Monica Foster January 18, 2021

Things to Avoid after Applying for a Mortgage

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January 15, 2021 - General Information
Some Highlights There are a few key things to make sure you avoid after applying for a mortgage to help make sure you still qualify for your loan at the closing table. Along the way, be sure to discuss any [...] Read More
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Monica Foster January 15, 2021

Why Right Now May Be the Time to Sell Your House

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January 14, 2021 - General Information
The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According [...] Read More
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Monica Foster January 14, 2021

Will Forbearance Plans Lead to a Tsunami of Foreclosures?

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January 13, 2021 - General Information
At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are [...] Read More
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Monica Foster January 13, 2021

4 Reasons People Are Buying Homes in 2021

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January 12, 2021 - General Information
According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re [...] Read More
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Monica Foster January 12, 2021

What Does 2021 Have in Store for Home Values?

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January 11, 2021 - General Information
According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time [...] Read More
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Monica Foster January 11, 2021
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

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