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Archives

How To Think Strategically as a Buyer in Today’s Market

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December 1, 2021 - General Information
The game of chess can provide incredible lessons to apply to all aspects of life, including the homebuying process. Chess requires you to plan and think about your strategy from the very beginning of the game. The homebuying process, like [...] Read More
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Monica Foster December 1, 2021

Home Is Where the Heart Is More than Ever This Year

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November 30, 2021 - General Information
There’s no denying the financial benefits of homeownership, but what’s often overlooked are the feelings of gratitude, security, pride, and comfort we get from owning a home. This year, those emotions are stronger than ever. We’ve lived through a time [...] Read More
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Monica Foster November 30, 2021

How Smart Buyers Are Approaching Rising Mortgage Rates

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November 24, 2021 - General Information
Last week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will continue rising through 2022: “The 30-year fixed-rate mortgage was 2.9% in the third quarter of 2021. We forecast mortgage rates [...] Read More
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Monica Foster November 24, 2021

Your Journey to Homeownership

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November 19, 2021 - General Information
Some Highlights When it comes to buying a home, there are a number of key milestones along the way. The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more. [...] Read More
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Monica Foster November 19, 2021

4 Things Every Renter Needs To Consider

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November 15, 2021 - General Information
As a renter, you’re constantly faced with the same dilemma: keep renting for another year or purchase a home? Your answer depends on your current situation and future plans, but there are a number of benefits to homeownership every renter [...] Read More
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Monica Foster November 15, 2021

Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates

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November 8, 2021 - General Information
With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months, [...] Read More
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Monica Foster November 8, 2021

Experts Project Mortgage Rates Will Continue To Rise in 2022

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November 3, 2021 - General Information
Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit [...] Read More
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Monica Foster November 3, 2021

Renters Missed Out on $51,500 This Past Year

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November 1, 2021 - General Information
Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has [...] Read More
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Monica Foster November 1, 2021

The Mortgage Process Doesn’t Have To Be Scary

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October 29, 2021 - General Information
Some Highlights Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When [...] Read More
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Monica Foster October 29, 2021

Knowledge Is Power When It Comes to Appraisals and Inspections

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October 25, 2021 - General Information
Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies [...] Read More
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Monica Foster October 25, 2021
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

Houston – Clear Lake – League City
Pasadena – Baytown – Beaumont
Galveston – Pearland – Sugarland
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