The Adams Advantage-Realtors who Care

We are happy to present our beautiful new listing in Almaden! 6565 Rolling Oaks Dr, San Jose 95120! Prime location! You won’t want to miss this one! Join us tomorrow January 30th for our Sip n See from 5pm-8pm Come enjoy food catered by Humaro, beer tasting and a signature cocktail! ... 5 bedrooms, 3 bathrooms 2,500 SQ Ft! $1,499,000 Won’t want to miss this! #newlisting #intero #almaden #adamsadvantage #realestateseestors #dynamicduo #realtorswhocare

Happy Mother’s Day May your day be filled with unsolicited hugs, delicious food and lots of spoiley fun!!

http://www.interorealestate.com/weekendbeat

Have a great weekend everyone!!

Mortgage Interest Rates Are Going Up Should I Wait to Buy? Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters. This has caused some purchasers to lament the fact that they may no longer be able to get a rate below 3.5%. However, we must realize... that current rates are still at historic lows. Here is a chart showing the average mortgage interest rate over the last several decades: Bottom Line Though you may have missed getting the lowest mortgage rate ever offered, you can still get a better interest rate than your older brother or sister did ten years ago, a lower rate than your parents did twenty years ago, and a better rate than your grandparents did forty years ago.

https://www.trulia.com/blog/trends/rent-vs-buy-spring-2017/

4 Reasons to Buy a Home This Fall! 4 Reasons to Buy a Home This Fall! | MyKCM Here are four great reasons to consider buying a home today, instead of waiting.... 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.0% over the next year. The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense. 2. Mortgage Interest Rates Are Projected to Increase Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have hovered around 4%. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison, projecting that rates will increase by this time next year. An increase in rates will impact YOUR monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is necessary to buy your next home. 3. Either Way, You Are Paying a Mortgage There are some renters who have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage either yours or your landlord’s. As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to have equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity. Are you ready to put your housing cost to work for you? 4. It's Time to Move on With Your Life The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise. But what if they weren’t? Would you wait? Look at the actual reason you are buying and decide if it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer or you just want to have control over renovations, maybe now is the time to buy. If purchasing a home for you and your family is the right thing for you to do this year, buying sooner rather than later could lead to substantial savings.