The Askew Lending Group

04/01/2026

Having a pro in your corner is important!

Skipping a real estate agent to save on commission often costs buyers and sellers far more in the long run, experts warn. The median home sold through an agent last year fetched $435,000, compared to $380,000 for FSBO sales, a $55,000 difference. Even after paying agent commissions of $13,000 to $26,000, sellers still come out ahead by at least $29,000.

"This is the biggest financial decision of your life," says broker Michelle Mumoli. "Don't go looking for discounts on professionals; you'll get discount service that'll cost you a lot more."

Read more: https://rltor.cm/dUGIbv

03/26/2026

This is a good start!

Fannie Mae and Freddie Mac have begun placing large orders to purchase mortgage-backed securities, following President Trump's directive earlier this year to buy up $200 billion in mortgage bonds to help drive down rates, Bloomberg reports. The impact remains uncertain given the scale of the market: commercial banks hold about $2.7 trillion in MBS and the Federal Reserve still holds more than $2 trillion in mortgage bonds.

02/20/2026

Likely a trend as the year goes on. 2026 has had incredible start with the Spring buying season off to an early start! 💪

NEW THREE-YEAR LOW: Mortgage rates dropped this week to the lowest level since September 2022, mortgage buyer Freddie Mac said.

Freddie Mac's latest Primary Mortgage Market Survey showed the average rate on the benchmark 30-year fixed mortgage fell to 6.01% from last week's reading of 6.09%. The average rate on a 30-year loan was 6.85% a year ago.

02/18/2026

01/07/2026

With mortgage rates at their lowest in over a year, 2026 could be the moment sidelined buyers finally jump in. But whether you’re a first-time buyer or planning a move, buying a home this year will require smart financial prep. Experts say getting your money in order now is key, so when the right home appears, you’re ready to make an offer.

12/07/2025

Rates should cooperate in 26!

2026 is shaping up to be more affordable for many homebuyers.

Lower average mortgage rates are expected to drive the first drop in monthly payments since 2020. With incomes also growing, the share of pay needed to buy a typical home is projected to fall below 30% for the first time since 2022.

12/07/2025

2026 looking promising!

When it comes to the real estate market, things are looking up in 2026, according to a new survey from Re/Max.

While 71% of respondents say that current market conditions have caused delays in their homebuying timeline, 88% say they are "very" or "somewhat likely" to purchase a home next year.

11/23/2025

https://www.facebook.com/share/p/17RTYHGHeH/?mibextid=wwXIfr

Phoenix unanimously approved a state-mandated plan allowing duplexes, triplexes, fourplexes, and townhomes to be built in historic neighborhoods—avoiding the loss of $700 million in state funding and sparking a heated generational debate.

11/18/2025

2026 should benefit from lower interest rates and tgerefore an uptick in demand.

https://www.realtor.com/news/trends/2026-housing-market-forecast-nar/?cid=soc_fy26__facebook_consumer__&fbclid=IwZnRzaAOI1KRleHRuA2FlbQIxMQBzcnRjBmFwcF9pZAo2NjI4NTY4Mzc5AAEewaMj8pF0_vDyeGSbObx35zlgcZrjYZMjwEIWoZFdlEjeaWqEnYM4_jCkR8s_aem_qqMwx6i2Zz_ZwbBa98uR5Q/

NAR Chief Economist Lawrence Yun forecasts sales volume for existing homes will rise 14% next year after three years of stagnation.

01/31/2025

https://finance.yahoo.com/news/why-mortgage-rates-still-high-080100808.html

The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.

09/13/2024

Great news!
The new Conventional Loan limits are now at: $802,650! 💰