Diamond Realty Group News
We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s... Read More
If you’re a first-time homebuyer, it’s easy to get caught up in the excitement of making plans for your new space. Even as you dream about color schemes, furniture placement, and what the ideal layout of your new home will be like, you’re... Read More
Much of our time these days is spent at home. Whether you’re still working from a home office, meal-prepping in your kitchen on weekends, or spending most of your leisure time looking at other homes for sale on your favorite real estate app,... Read More
Owning a home can be one of the greatest assets you can give to yourself. Not only is it a place to relax with privacy, but it’s also the ability to enjoy the comfort of living life in your place. Owning a home can be one of the... Read More
You may shortly find yourself in a real estate bidding war if you’re one of the many first-time homebuyers looking to buy in competitive markets like Austin, TX or Denver, CO. You may... Read More
In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed... Read More
The homeownership rate for millennials is 8 percentage points lower than for Gen Xers and baby boomers when they were millennials’ ages, according to the Urban Institute’s “Millennial Homeownership” report. Millennials are the most educated generation in the nation’s history, but student loan debt is hampering their ability... Read More
Americans went on a shopping spree in 2020, buying up more houses than they have in 14 years. Triggering the surge was the COVID-19 outbreak, which drove cramped apartment dwellers to hunt for space outside cities, the Wall Street Journal reported. Making the decision to move easier were... Read More
Your house should make you feel welcomed as soon as you step through the door, but this feeling isn’t something that always happens on its own. Once the movers have left, and the chaos of moving has calmed down, it’s time to start focusing on putting down roots... Read More
The golf legend Greg Norman is swinging for a sale of his longtime estate on the exclusive Jupiter Island. The expansive space on Jupiter Island in Hobe Sound has been completely rebuilt, and includes a main house, poolhouse, and beach house, with extensive updates to all the other... Read More
![Photo of Home Mortgage Rates by Decade [INFOGRAPHIC]](https://www.drgfl.com/wp-content/uploads/20210205-KCM-Share-1-548x300-1-450x0-c-default.webp)
Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime of your... Read More
Credit availability generally contracts when the employment is weaker. While some lenders may’ve engaged in “excessive staffing” when rates first dropped precipitously last year, mortgage companies should have more predictable hiring needs now, Mat Ishbia, CEO of United Wholesale Mortgage, said in an earnings call this week. Read More