Interest Rates - The McGrady Group

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Madison’s Challenge: Escalating Prices & Sluggish Listings

Dane County Market Analysis, Housing Market Updates, Interest Rates, Market Updates, McGrady Group Blog, Pricing, Time-sensitive

Here at The McGrady Group, we love digging into the data to determine how national headlines apply to us in South Central Wisconsin. Our latest analysis delves into how Dane County’s robust employment but lackluster listing quantity influences…

Dane County Market Snapshot, Inventory Low, End of 2023

The McGrady Group 2024

Let’s Navigate the 2024 Dane County Market Together

Dane County Market Analysis, For Buyers, For Sellers, Housing Market Updates, Industry News, Interest Rates, Market Updates, Pricing

With a competitive 2024 market upon us, The McGrady Group is excited to help our clients balance rising home prices, dynamic interest rates, and low inventory levels. The housing market's current stability, driven by economic factors and population…

The 3 Factors That Affect Home Affordability

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve…

Think Twice Before Waiting for 3% Mortgage Rates

Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a…

What Are Your Goals in the Housing Market This Year?

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers

If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus. In…

What To Expect From the Housing Market in 2023

For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation,…

Mortgage Rates Are Dropping. What Does That Mean for You?

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers

Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy. Nadia…

2023 Housing Market Forecast [INFOGRAPHIC]

For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates

Some Highlights From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation. If you’re thinking of buying or selling a home this year, let’s connect so…

What’s Going on with Home Prices? Ask a Professional.

For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing

If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down,…

Mortgage Rates Will Come Down, It’s Just a Matter of Time

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers

This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average…

What’s Ahead for Mortgage Rates and Home Prices?

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage…

Key Factors Affecting Home Affordability Today