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Lowcountry Homes by Willy Fanning

Latest Blog Posts

Hilton Head area Market Overview

The average 30-year fixed rate mortgage exceeded 5% in April, the highest level since 2011, according to Freddie Mac. The recent surge in mortgage rates has reduced the pool of eligible buyers and

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Rising rates may be hitting a plateau as recession lingers

This in from our friends at Movement Mortgage:Mortgage rates rose for the seventh consecutive week and have averaged above 5% for the last two weeks. Freddie Mac’s 30-year fixed-rate mortgage

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March 2022 Housing Numbers

Nationally, existing home sales recently dropped to a 6-month low, falling 7.2% as buyers struggled to find a home amid rising prices and historic low inventory. Pending sales are also down,

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February Market Wrap Up

The U.S. real estate market remains hot ahead of the spring selling season, with existing home sales up 6.7% as of last measure, according to the National Association of REALTORS®. Experts

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