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

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  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, that conversation isn’t going away any time soon. But as a homebuyer, what do  rates  above 3%  really  mean? Today’s Average Mortgage Rate Still Presents Buyers with a Great Opportunity Buyers don’t want mortgage rates to rise, as any upward movement increases your monthly mortgage payment. But it’s important to put today’s average mortgage rate into perspective. The  graph  below shows today’s rate in comparison to average rates over the last five years: As the graph shows, even though today’s rate is above 3%,  it’s still incredibly competitive. But today’s rate isn’t just low when compared to the most recent years. To truly put today into perspective, let’s look at the last 50 years  (see graph below): When we look back even further, we
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Real Estate Professionals Are Experts at Keeping You Safe When You Sell

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If you’re on the fence about whether or not you want to sell your house this year, there’s good news. For nearly two years, real estate professionals have worked tirelessly to ensure the safety of   buyers   and   sellers   during the pandemic. Today, they’re seasoned experts, not just in the art of buying and selling homes, but also in how to keep you safe throughout the process.  Real estate professionals  have learned new technologies plus safety and sanitation measures. As new variants emerge, those lessons continue to be key ways agents add value. Real Estate Advisors Stay Current on Guidance for In-Person Showings Agents don’t leave your health up to chance. They follow guidance from the  Centers for Disease Control  (CDC) and the  National Association of Realtors  (NAR) to ensure in-person showings are safe. NAR maintains industry-specific resources to ensure agents are informed on the latest recommendations and best practices. Guidance from the CDC also equips real estate profe
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