Weighner & Nguyen Hawaii Mortgage LLC

Go on and check out the Open House line-up for this weekend! https://buff.ly/3uRlQsU

The price-to-rent ratio can be an important formula to help you decide whether market conditions favor renting or buying when looking through a purely financial lens. But it can't tell you whether it's a better money choice to rent or buy given your personal circumstances. Your area might have a high price-to-rent ratio that says it's better to rent, for example. But if you really want to get into woodworking, gardening, or archery, you can't easily do those things in an apar...tment, so it might be a quality-of-life investment to buy a home. Or, if you really want to be in the city and not be tied down by owning property, it might make sense to pay more for a high-priced rental when the market says you should buy. Only you can decide whether to rent or buy. The price-to-rent ratio should only be one factor you consider when making that decision. https://www.thebalance.com/using-price-to-rent-ratio-to-dec

For the third month in a row, the median price for a single-family home set a new record! Oahu sales of single-family homes and condos saw significant double-digit growth of 19.1% and 52.7% respectively, compared to March of 2020, according to new statistics released by the Honolulu Board of Realtors. https://buff.ly/3209iT4

The unexpected Covid-Effect on the Real Estate market: People are panic buying homes as prices skyrocket around the world! https://www.cnn.com///global-real-estate-prices/index.html

The low-rate environment is a boon to those looking to buy a home at a time when home prices are being pressured higher by strong demand and a lack of supply in the market. The fall in mortgage rates came as somewhat of a surprise to market observers, given reports this week that pointed to a growing rate of inflation in the economy.... Read on. https://www.marketwatch.com//what-inflation-mortgage-rates

Reading over your loan options can feel like studying a foreign language. What is a fixed vs. variable loan? And what on earth is a rate index? Whether you are taking out a home loan or financing your next vehicle, you’re bound to come across some of the same terms. Having a fixed-rate loan is right for people who can lock in a low rate and have never been one for gambling. But that’s not to say that variable-rate loans don’t have their advantages. Read as The Simple Dollar talks about the differences between these two loan types and what they can mean for your financial bottom line. https://buff.ly/3s5rdCr