Khadine Fisher’s Blog

When buying a home in Maryland, it's important to consider mortgage rates. Factors such as credit score, debt-to-income ratio, income, and down payment affect the rate you qualify for. Columbia, Baltimore, Halfway, Cumberland, and Dundalk are affordable places to consider. It's crucial to shop around for the best mortgage lenders to secure a competitive rate.…

Tailoring your home’s location with personal preferences and needs is crucial for adapting in into your lifestyle. Top urban picks that are expected to experience significant growth in economic condition: Dallas Las Vegas Nashville Family-friendly destinations with great outdoor amenities: Watauga, TX Somerville, MA Virginia NJ

The Southern Maryland housing market is experiencing a slowdown, with declining new listings and pending home sales. Mortgage rates have reached a 20-year high, deterring some buyers. However, the median sold price has increased, and homes are selling faster. Despite this, there is still a lack of housing supply. The Southern Maryland Association of REALTORS®…

Closing occurs in about 30–45 days post accepted offer.

1. Financial readiness: – Assess your budget comprehensively, accounting for down payments, monthly mortgage costs, taxes, insurance, moving, and renovations. 2. Smart saving: – Prioritize saving not only for the down payment but also for post-closing expenses like moving and home improvements. 3. Choose your mortgage expert: – Find a knowledgeable mortgage loan officer who…

Reverse mortgages are becoming a popular option for seniors on fixed incomes, allowing them to access their home equity without having to make monthly payments. A Reverse Mortgage for Purchase program also allows seniors aged 62 or older to purchase a home without a mortgage payment. To qualify, borrowers must have their required investment and…

Maryland ranked in 5th for the states most interested in investing in property. The state averaged ~6K monthly searches over the past year. ~1.8K of those searches were for the term ‘Real Estate Investment Trusts’. There were 98 searches per 100K population.

In November 2023, buying a home is a difficult process with high mortgage rates and a low housing supply. However, following certain steps in 2024 could make it easier for homebuyers. Tips to consider include waiting until the second half of the year when there is potential for interest rate cuts, shopping for a mortgage…

DC's Attorney General is suing 14 of the largest residential landlords for allegedly engaging in a housing cartel and artificially inflating rent prices for 50,000 units in the District. This scheme is likely happening in other parts of the DMV, including Virginia and Maryland, but it is unclear if the same landlords are engaging in…

Buying a home has become increasingly unaffordable due to high mortgage interest rates and a 29% increase in the average cost of a new home in the past three years. Chase Bank suggests that people can still purchase a home by following steps such as improving credit, picking a location to help budget, and saving…