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Gibbons Group Real Estate Blog

Mortgage Rates Are Projected to Increase, but Why?

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking adva...

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Where Have All the Houses Gone?

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time th...

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First-Time Homebuyer’s Guide

Everything you need to know to make that big purchase easier Buying a home can be challenging for a first-timer. After all, there are so many steps, tasks, and requirements, and you may be anxious about making an expensive mistake. But first-t...

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Will low interest rates go up in 2021?

Will Low Mortgage Rates Continue through 2021? With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Fre...

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3 Ways You Can Use Home Equity

3 Ways Home Equity Can Have a Major Impact on Your Life There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has drama...

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Reasons To Buy a Bigger House Today

In today’s housing market, all eyes are on millennials. Not only are millennials the largest generation, but they’re also currently between 25 and 40 years old. These are often considered prime homebuying years when many people begin ...

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10 Steps to Buying a House

In this article: Step 1: Check your credit score Step 2: Figure out how much house you can afford Step 3: Find a real estate agent Step 4: Get pre-approved Step 5: Start the home search Step 6: Make an offe...

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3 reasons why you should buy a house this year

3 Ways You’ll Win When You Buy a Home This Year There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible. If you’re a first-time homebuyer, having a home ...

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Montgomery County to Reopen Restaurants

Life has been difficult for everyone in these winter months but there is some good news on the horizon. With cases of COVID-19 in Montgomery County slowing it has been announced that restaurants will be reopening with limited capacity and a di...

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Best Happy Hour Deals in Bethesda

From $6 margaritas to $3 burgers, here are 9 of the Bethesda area's best Happy Hour specials Spring is here which means staying out after work to enjoy the weather. We looked through local restaurant’s happy hour menus to find the best bang ...

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