Mortgage Rates Are Near 7% — So Why Do Buyers Have More Leverage?

If you’re thinking about buying a home right now, you may feel like the odds are stacked against you. Mortgage rates are still hovering around 6.7%, keeping monthly payments considerably higher than they were several years ago. And with rates still elevated, many potential buyers are wondering whether they should simply wait for mortgage rates […]

Straight from the Source: KB Home’s COO on Builder Incentives and Market Conditions

As a Mortgage Broker and owner of MJ Mortgage LLC in Magnolia, Texas, I’m always keeping a close eye on the housing market. I wanted to share some important insights from a recent article that focused on remarks from KB Home’s Chief Operating Officer, Rob McGibney. A Warning About Homebuilder Incentives According to KB Home […]

Tagged Home PricesHomebuildersHousing InventoryHousing MarketKB HomeMJ Mortgage LLCMortgage Rate BuydownReal Estate IncentivesRob McGibneySal TrapaniTexas Housing Market