Tag: Market Expertise
30 Years? Ask About Mortgage Planning.
Impact of Rising Interest Rates on Mortgage Plans The Concern Around Increasing Mortgage Rates The recent and rapid increase in interest rates has certainly created concern. While the 11 increases in the Fed Benchmark Rate since the Fed began its inflation fight in March 2022 do not have a direct impact on mortgage rates, 11 straight rate increases currently the top story all over the media does shock the market. Mortgage rates have increased from a low of 2.96% in 2021 to an average mortgage rate close to 7% in 2023 creating concern for prospective buyers. Understanding the 30-Year Mortgage...
Kay Houghton & Associates: A Triple Crown Recipient of the Washingtonian Magazine “Platinum Top Producer”
A Prestigious Recognition We are absolutely thrilled to announce that Kay Houghton & Associates has been named a “Platinum Top Producer” by Washingtonian Magazine for three consecutive years in 2019, 2020, and 2021! This prestigious accolade recognizes real estate agents and teams who have produced the highest sales volumes in the preceding year. The Washingtonian Magazine bases its list on surveys sent to over 50,000 subscribers and nearly 2,000 agents who made the previous year’s “Best Agents and Top Producers” lists, asking for names of agents they’ve most enjoyed working with, considering a number of criteria including market knowledge and...