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Archives

The Housing Market Will “Spring Forward” This Year!

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March 4, 2019 - General Information
Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market. Many potential sellers believe that waiting [...] Read More
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Monica Foster March 4, 2019

Interest Rates Hit New 12 Month Low!

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February 27, 2019 - General Information
According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results reported an interest rate [...] Read More
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Monica Foster February 27, 2019

What is the Cost of Waiting Until Next Year to Buy?

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January 18, 2019 - General Information
Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to [...] Read More
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Monica Foster January 18, 2019

The Cost Across Time

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January 11, 2019 - General Information
Some Highlights: With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.0% by this time next year according to [...] Read More
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Monica Foster January 11, 2019

Is the Recent Dip in Interest Rates Here to Stay?

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January 9, 2019 - General Information
Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s [...] Read More
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Monica Foster January 9, 2019

Excited About Buying A Home This Year? Here’s What to Watch

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January 2, 2019 - General Information
As we kick off the new year, many families have made resolutions to enter the housing market in 2019. Whether you are thinking of finally ditching your landlord and buying your first home or selling your starter house to move [...] Read More
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Monica Foster January 2, 2019
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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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