Posts Tagged ‘homeownership’
What a 50-Year Mortgage Could Mean for Today’s Buyers
President Trump’s recent proposal for 50-year mortgages aims to tackle soaring home prices by slashing monthly payments. Echoing the game-changing 30-year loan of the 1940s-50s, this could open doors for first-time buyers in tight markets. ...
Why One Extra Mortgage Payment a Year Saves You Big
At Jones Hollow Realty Group, we’re all about helping you make smart financial moves. One simple strategy can save you thousands and get you mortgage-free faster: making one extra payment per year on your 30-year mortgage. Here’s why it...
Beware the Gap
For new buyers and agents who’ve only known the post-COVID extreme seller’s market, this is your wake-up call. The real estate frenzy, driven by historically low inventory, has pushed buyers to waive appraisal contingencies and cover appr...
Mortgage Rates Drop for Sixth Week: A Step in the Right Direction for Homebuyers
Good news for homebuyers on Long Island: mortgage rates are trending down. For the sixth consecutive week, rates have declined, with the average 30-year fixed-rate mortgage falling to 6.76% as of February 27, 2025, down from 6.85% the prior wee...
2025 Predictions for Mortgage Rates and Home Prices
Curious about what the housing market has in store for 2025? Whether you're considering buying or selling a home, staying up-to-date with industry professionals can help guide your decisions. At Jones Hollow Realty Group, we’re here to provid...
Emotional Readiness: Thriving During Your Home Sale or Purchase
At Jones Hollow Realty Group, we understand that buying or selling a home isn’t just a transaction—it’s a journey. It often comes with moments of soul-searching, unexpected challenges, and important decisions about what you want from your...
Holiday Overlaps and Housing Trends: A Year-End Perspective
As 2024 draws to a close, we find ourselves in a season that’s uniquely special. This year, Hanukkah begins on Christmas Day, creating a rare and beautiful overlap of celebrations. It’s a reminder of the richness and diversity in the ways w...
Ready for Your Homeowners Insurance to Go Up 100%? Here’s Why It’s Happening on Long Island
If you own a home on Long Island, brace yourself: homeowners insurance premiums are skyrocketing, with many homeowners seeing increases of 100% or more. What’s behind these hikes? Insurance companies are in a state of panic, driven by hur...