Although interest rates are on the rise, it's still a great time to purchase a home. Speak with one of our expert loan officers today!

Housing and Mortgage Trends to Get Ready for This Spring

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By Polyana da Costa | Business Insider – Tue, Apr 30, 2013

Homeowners who endured years of declining home values will discover that the game has changed in their favor. Find out The value of your home and other homes in your area.
1. Fewer options, higher prices and bidding wars

With low mortgage rates and home prices gaining momentum, an increasing number of buyers are expected to shop for homes this spring. The good news for sellers: The inventory of homes for sale is shrinking, so they have less competition and more control of the situation.

2. Loan modifications made easy — for some

Homeowners who are behind on their mortgages may get a hassle-free opportunity to reduce their monthly payments.
A headshot of Roger Odoardi

Roger is an owner and licensed Loan Officer at Blue Water Mortgage. He graduated from the University of New Hampshire’s Whittemore School of Business and has been a leader in the mortgage industry for over 20 years. Roger has personally originated over 2500 residential loans and is considered to be in the top 1% of NH Loan Officers by leading national lender United Wholesale Mortgage.