Lisa Hawes has been a customer of Evergreen Insurance since February 2002, almost as long as our agency has been around. She is extremely loyal and a great mom. She has been in the mortgage industry for over 30 years and loves helping people who are purchasing a home, whether it is a first-time buyer or those that are upsizing or downsizing. She can also assist with debt consolidation through refinancing. We highly recommend working with Lisa so don’t hesitate to reach out to her as she is happy to help you!
Lisa L Hawes
Mortgage Loan Originator
O: 360-738-4434 | M: 360-907-8010
Email: lisa.hawes@usbank.com
Enjoy this article from Lisa:
When is the right time to buy a home?
It is always a good time to buy a home. The typical U.S. homeowner has a net worth 40x higher than a renter - $225,000 vs. $6300. Building equity in a home is building long term wealth and security. When you sell the house, all that equity comes back to you – think of it as a forced savings account. Your mortgage payment is set which is not true of rent costs. Even if you are thinking of downsizing or need a larger home this is an excellent time to buy. The interest rates have settled and there are fewer buyers in the market this time of year. As we get closer to spring there will be more competition. And the projection of inventory over the next 7 years is a shortage of 1.4 million homes - so buying now with less competition is ideal.
Per the Case-Shiller Home price index below the average home has increased in value by 340% since 1987, or a compound annual interest increase of 4.3%.
https://fred.stlouisfed.org/series/MORTGAGE30US
This is a chart of Mortgage interest rates since April 1971 to Jan 2023 below.
