Chad Craig

11/04/2025

03/04/2025

🔥 Attention, homebuyers! The housing market is tilting in your favor, giving you more power over sellers than we’ve seen in years.

⤵️ Homes are now selling below list price on average, and the inventory is the highest we’ve seen in years.

Sellers are feeling pressure and are way more likely to sweeten the deal with concessions just to seal the deal.

🎉 This could mean help with closing costs, rate buydowns, repairs, or other perks. If you’ve been waiting to find your dream home at a better price, this could be your opportunity.

🏦 1.7 million adjustable-rate mortgages from 2020 are set to reset this year, but don’t let the doomsayers fool you. Here’s why:

- Home values have soared by an average of 50% since 2020, giving homeowners a solid equity cushion.

- These loans were carefully underwritten to 2020 standards, meaning borrowers were qualified even at the maximum adjustment rate.

- Unemployment is near historic lows, providing stability and confidence in the market.

Banks will almost certainly give customers options if they can’t afford the adjusted/reset payment.

Even in the unlikely scenario where all 1.7 million homes hit the market at once, experts estimate home prices would only dip by 10-15%. That’s a manageable adjustment, not a crash. The housing market is resilient, and so are the people driving it forward.

According to Mortgage News Daily, the NATIONAL AVERAGE rates are…what they are:

6.74 Conv 30 YR
6.23 Conv 15 YR
6.13 FHA 30 YR
6.16 VA 30 YR

Need help with a home purchase, I'll help you.

Chad Crait
NMLS 2130021

12/13/2023

Little House on the prairie! 2 bedroom 1.5 bath home on 15 acres! There is a detached 2 car garage and an outbuilding! This is a Fannie Mae HomePath property...

06/15/2023

Arrrgh!! Captain Cannoli here to remind you that race day is in 3 weeks!!! Time to get registered! Register at the link or at Foot of the Rockies!!! https://runsignup.com/Race/WY/Cheyenne/WillRunforCannoli5K?mibextid=Zxz2cZ

05/04/2023

3 weeks till closing and CLEAR TO CLOSE is a good place to be with Stephanie Dalton Van Veckhoven.

At Guild we make deals happen. If you are buying, selling or refinancing give me a call.

https://linktr.ee/wyoloanguy

04/11/2023

This week requires heavy grit. Pizza and sugar for the fuel to give that extra boost. Trisha Jackson, Brady Joe Koerwitz, Kelsey Escobedo.

We are glad we can help.

02/25/2023

02/17/2023

02/14/2023

Did you miss the Buydown Lunch and Learn? Message me for a replay link. The replay does not come with the tacos. But the info is so good.