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Waiting for 3% Mortgage Rates? You May Want to Rethink That

Last year, the Federal Reserve took action to bring down inflation. In response to that mortgage rates jumped up from the record lows we saw in 2021, stopping at just over 7% this last October. A lot of buyers decided to hold off on their homebuying plans because of this increase in rates. Today the…

What do you know about Reverse Mortgages?

For a lot of people Reverse Mortgages are something they’ve either never heard of or are very unfamiliar with–so let’s break this program down! What’s the Difference between a Reverse Mortgage and a HECM (Home Equity Conversion Mortgage)? -HECM is backed by FHA/HUD with multiple safeguards in place to protect our seniors. Since it is…

Have You Considered Newly Built Homes?

If your home search options have been lacking, have you considered newly built? Read on to find out why you might have more opportunity and incentives than you realize! More Options to Choose from and Potential Builder Incentives When you’re looking to buy a home, you have the choice between an existing home–those that are…

Four Things That Help Determine Your Mortgage Rate

If you’ve been thinking of buying a home, you most likely have thought about securing the lowest interest rate possible for your home loan. The last few year that was easier to do as the housing market saw record-low mortgage rates, but this year rates have risen dramatically. If you’re looking at how to combat…

What The Experts are Saying about 2023

Experts are now starting to make home price forecasts for 2023. Here’s what they’re saying: Most experts agree homes will continue to gain value, just at a slower pace. Over the past few years, home prices have risen at an unsustainable rate–leaving many to wonder how long it could last. If you’ve been wondering what…

What a Potential Recession Means for the Market

If you’re wondering what a potential recession could mean for the housing market, here’s a look at what history tells us: A recession doesn’t mean falling prices. In the graph above it shows in the last six recessions, home prices only fell two out of six times. A recession does mean falling mortgage rates. You…

Housing Market Forecast for the Rest of 2022

The housing market is shifting away from the intensity of the past two years. Here’s what experts forecast for the remainder of 2022. Highlights: The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately…

Get Your New Home Before Selling Your Current One!

Are you ready to step into the home of your dreams, but worried about listing and selling your current home? We have a solution for you! Evergreen Home Loans is offering a new program called StepUp. In 2 to 3 steps, you can be in the home of your dreams! How it works: Step 1:…

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How to Become A Cash Buyer:

Use Evergreen Home Loan’s CashUp Program! How it works: Homebuyer is preapproved as a cash buyer. You make a cash offer with no financing or appraisal contingency. Evergreen buys the home on your behalf and transfers it after the permanent home loan is established. Please call us today so we can walk you through all…

Is the Housing Market Correcting?

If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? The housing market is moderating compared to the last two years, but what everyone needs to remember is that the past…