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May 13, 2019

April 2019 Market Commentary

Mortgage Payments Drop $50 per Month on a Median Priced Home
Listings Under Contract Up 19% in 5 Weeks!

For Buyers:

Buyers got a break last month as 30-year mortgage rates dropped significantly from an average of 4.41% to 4.08%, which is the lowest they have been since ...

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Posted in BLOG, Market Updates
April 19, 2019

Part 8: Your Home Buying Journey


Buying a home is the culmination of a lot of things, both small and large. One of the biggest benefits to working with The Monaghan Group is the cast experience our team has. When you work with The Monaghan Group, you’re not just getting one agent. You’re getting a team ...

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Posted in BLOG
April 19, 2019

Part 7: Your Home Buying Journey



Location, location, location! We’ve all heard it before, but many home buyers fail to realize the amount of planning and attention that should be given to selecting your new home’s location.

There's a lot of pressure that goes into selecting the right home, and oftentimes the rush leads to ...

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Posted in BLOG
April 19, 2019

Part 6: Your Home Buying Journey

 

Getting pre-approved for a loan before you go home shopping is one of the best tips The Monaghan Group can give you. Our years of experience in helping buyers find their first home has shown us that this time tested wisdom still holds true. Get pre-approved. Period.
Why should ...

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Posted in BLOG
April 19, 2019

Part 5: Your Home Buying Journey



Your down payment can affect a lot when it comes to your home related expenses. Not only does a down payment affect the cost of your monthly mortgage payments, but it can also determine whether you will need to pay mortgage insurance and even have an effect on your mortgage’s ...

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Posted in BLOG
April 19, 2019

Part 4: Your Home Buying Journey



So you want to buy a home but don’t know what price range you can afford. That’s ok! We’re going to break it down for you here. We’ve enlisted the help of Dave Ramsey, a personal finance expert! According to Dave you should:

1. Add up any income you bring ...

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Posted in BLOG
April 19, 2019

Part 3: Your Home Buying Journey

Hey, we get it! There's some confusing terms when it comes to real estate. But don't be dismayed! At The Monaghan Group, we're here to explain and help you understand things every step of the way! Here a list of terms we commonly get questions about.

Acceptance ...

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Posted in BLOG
April 19, 2019

Part 2: Your Home Buying Journey!

We know that everyone has at least some reservations when considering purchasing a home. It’s completely understandable, there’s a lot to consider! Financial issues in particular tend to be the most intimidating and too often people fail to reach out for help. But, we’re here for you! We’ve laid out ...

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Posted in BLOG
April 19, 2019

Part 1: Your Home Buying Journey!

John and Jane had been married for a couple of years and had been living in a cramped home rental. “It’s not that we’re unhappy here” John told our buyers specialist. “It’s just that we want something that’s ours. Jane wants to be able to make changes to our kitchen ...

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Posted in BLOG
April 3, 2019

March 2019 Market Report

For Buyers

Good news for buyers over the past few weeks, interest rates came down a few notches. That

combined with the increased loan limit for conventional financing gave buyers a little boost.

The new loan limit for conventional financing in Maricopa County is $484,350 as of a few ...

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Posted in BLOG, Market Updates