Lake Norman Mike & Co. 's Blog Posts

Think Twice Before Waiting for 3% Mortgage Rates

Think Twice Before Waiting for 3% Mortgage RatesLast year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up

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Today’s Housing Market Is Nothing Like 15 Years Ago

Today’s Housing Market Is Nothing Like 15 Years AgoThere’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the

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Planning to Sell Your House in 2023? Make Sure You Hire a Pro!

Planning To Sell Your House in 2023? Make Sure You Hire a Pro!With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today. And if you’re

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Financial Fundamentals for First-Time Homebuyers

Financial Fundamentals for First-Time HomebuyersAre you prepping to buy your first home? If so, one of the steps you should take early on is making sure you’re financially ready for your

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What to Expect From the Lake Norman Housing Market in 2023

What To Expect From the Lake Norman Housing Market in 2023The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it's put the

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Homeowners Still Have Positive Equity Gains Over the Past 12 Months

Homeowners Still Have Positive Equity Gains over the Past 12 MonthsIf you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here;

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Interest Rates Are Dropping. But What Does That Mean for You?

Mortgage Rates Are Dropping. What Does That Mean for You?Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen

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