Robert Hager - Your RVA Mortgage Broker

12/05/2024

Interest rates seem high but, prior to 2001, they had NEVER been lower. When rates fall prices will go up. Buy now and refinance later! Marry the house and date the rate!!

09/04/2024

RVA median area home prices took a nosedive from June's peak of $409K to $389K in August. That's still well above January's low of $360K but should give further evidence to the Federal Reserve of the need to lower interest rates. Average days on market (DOM) inched up to 9.

01/14/2023

New Year/New Housing Market: Mortgage rates have fallen over 1% from their recent highs to around 6% and yield curves are inverted (adjustable rates often higher than fixed rates) as the bond market anticipates slow down or recession. Call 804-216-5626 to discuss your next move.

07/12/2022

Buyers are gaining leverage on sellers.

Higher mortgage rates and overall inflation are causing potential homebuyers to reconsider their purchases.

06/15/2022

HOMEBUILDER SENTIMENT DROPS TO LOWEST LEVEL IN 2 YEARS:

With inflation spiking and the Fed set to announce the largest rate hike in decades, are you considering buying a home at this time?

https://www.cnbc.com/2022/06/15/homebuilder-sentiment-drops-to-lowest-level-in-2-years-as-housing-demand-slows.html

10/13/2021

How much is an inground pool in Richmond? Vinyl liner pools can start as low as $25K up to $100K+ for a gunite or concrete pool. Automatic covers, landscaping, pool houses, heaters, etc. can add considerably to the cost. Call your RVA Mortgage Broker for cash out to build your new pool or to find another!

https://roberthagercapitolmortgagegroupnmls328166.business.site/posts/7668047662585793323?hl=en

10/11/2021

Rather than traditional or farmhouse looks, homeowners leaned toward modern, transitional, and contemporary decor in their new baths. Modern, soaking tubs, high tech, and greenery top the list of favorite updates. Call your RVA Mortgage Broker to get cash out to update your kitchen and baths or start on that addition!

Posted on Oct 11, 2021Robert Hager, Capitol Mortgage Group, NMLS # 328166Rather than traditional or farmhouse looks, homeowners leaned toward modern, transitional, and contemporary decor in their new baths. Modern, soaking tubs, high tech, and greenery top the list of favorite updates. Call your RVA....

10/06/2021

Nationally, rents are up around 11.5% from last year, but in some cities, the hike in prices is even worse. With the decision to rent or buy, both home prices and rents will rise over time but a fixed rate mortgage will lock-in your payment. Call your RVA Mortgage Broker to get pre-approved to end the rent rise cycle.

Posted on Oct 6, 2021Robert Hager, Capitol Mortgage Group, NMLS # 328166Nationally, rents are up around 11.5% from last year, but in some cities, the hike in prices is even worse. With the decision to rent or buy, both prices and rents will rise over time but a fixed rate mortgage will lock-in your p...

10/05/2021

Average mortgage loan nationwide rose to $410K last week. With a rate of about 3.%, that equates to an average payment before taxes and insurance on a 30 year fixed of about $1,728. Call your RVA Mortgage Broker to get pre-approved before rates go up further.

Posted on Oct 5, 2021Robert Hager, Capitol Mortgage Group, NMLS # 328166Average mortgage loan nationwide rose to $410K last week. With a rate of about 3.%, that equates to an average payment before taxes and insurance on a 30 year fixed of about $1,728. Call your RVA Mortgage Broker to get pre-approv...

10/05/2021

News you can use: Horizontal balusters, railings, or guardrails may be dangerous for children but are up to code. Call for referrals to the best home inspectors and contractors in RVA.

Posted on Oct 5, 2021Robert Hager, Capitol Mortgage Group, NMLS # 328166Horizontal balusters, railings, or guardrails may be dangerous for children but are up to code. - Call Robert, your RVA Mortgage Broker for referrals to the best home inspectors and contractors in RVA.https://www.ahouseonarock.co...

09/27/2021

Great news for 1st time buyers with limited credit! Call or message today to get pre-approved for your dream home.

A change from Fannie Mae means more mortgage lenders will consider rental payment history when deciding whether to make loan.