Mackenzie Scibetta

Mar 16, 2024 | southfloridareporter.com | Mackenzie Scibetta

BY MACKENZIE SCIBETTA – 6 Minute readProspective homebuyers in the US have been eagerly waiting for lower mortgage rates following the sky-high rates experienced last year. The Federal Reserve has held the overnight federal funds rate at 5.33% since August, but many economists are predicting rate cuts are coming later this year. In response to slowing inflation, fixed mortgage rates have been on a gradual decline since peaking in November 2023, with some 30-year fixed rates hovering under 7%.

Oct 20, 2023 | wealthrocket.com | Mackenzie Scibetta |Lisa Coxon

As housing affordability tightens, motivated buyers might be willing to cross items off their must-have list to enter the market. However, there are some things a homebuyer should never settle for. Knowing what to look out for — whether you’re a first-time homebuyer or have experience purchasing property — can mean the difference between a happy investment and a financial disaster.

Jun 12, 2023 | zoocasa.com | Mackenzie Scibetta

Given the Bank of Canada’s recent announcement to raise interest rates for the second time this year, combined with nationally rising home prices, affordability is a top priority for homebuyers. In addition to the cost of a home, homeownership expenses can also have an impact on a buyer’s budget. Enjoying our content? Subscribe to our free weekly newsletter to get Canadian real estate market insights, news, and reports straight to your inbox.