Navy Fellas Realty Group

Real Estate, Residential sales and purchase

What’s Ahead For Mortgage Rates This Week – November 17th, 2025

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In the aftermath of the recent government shutdown, the expected releases are still delayed. This round of releases is particularly impactful, involving key inflation reports from both the Consumer Price Index and the Producer Price Index. While the Federal Reserve prefers the PCE Index—and also relies on its own methods for collecting inflation data—the delay is undoubtedly troubling for the broader market, as the shutdown disrupted a wide range of services across the nation. The data is now expected to be released next week.

Primary Mortgage Market Survey Index
• 15-Yr FRM rates saw a decrease of -0.01% for this week, with the current rate at 5.49%
• 30-Yr FRM rates saw an increase of 0.02% for this week, with the current rate at 6.24%

MND Rate Index
• 30-Yr FHA rates saw a decrease of -0.01% for this week. Current rates at 6.02%
• 30-Yr VA rates saw no change for this week. Current rates at 6.04%

Jobless Claims
Initial Claims were reported to be delayed until further notice.

What’s Ahead
Inflation reports are slated to be released next week, but there is potential that they could be delayed further.

Aging Homes, and Why Buyers Need to Factor Updates Into Their Budgets

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Older homes have charm, character, and architectural details that newer properties often lack. From original hardwood floors to vintage craftsmanship, they can feel timeless and full of personality. However, behind the charm can come age-related challenges that buyers should not overlook. Understanding how to budget for repairs and updates helps buyers make informed decisions and protects their investment long after closing.

The Appeal of Older Homes
Many buyers are drawn to older homes because of their unique features and established neighborhoods. Larger lots, mature trees, and historical details often make these properties stand out from newer builds. Yet even well-maintained homes eventually need updates to meet modern standards for safety, efficiency, and comfort. Recognizing both the appeal and the potential costs can help buyers approach these homes with realistic expectations.

Common Repairs and Updates
When purchasing an aging home, certain updates are more common than others. Electrical and plumbing systems may need modernization to handle todayís appliances and technology. Roofs, windows, and insulation often require attention to improve energy efficiency and reduce utility costs. Buyers should also consider updating outdated kitchens and bathrooms, not only for aesthetics but for functionality and resale value. A professional home inspection can identify areas that need immediate repair versus those that can wait.

Budgeting Wisely for Renovations
A good rule of thumb is to set aside a portion of your budget specifically for updates and unexpected repairs. Even if the home appears move-in ready, surprises can surface once renovations begin. Obtaining quotes from contractors before closing can help you estimate realistic costs. Including a renovation buffer in your financing plan ensures that needed improvements do not strain your finances after purchase.

Leveraging Renovation Loans
Some mortgage programs allow buyers to finance both the purchase price and renovation costs in a single loan. Options such as FHA 203(k) or Fannie Mae’s HomeStyle loan can make it easier to modernize an older home without depleting savings. Working with a lender experienced in renovation loans can help you understand which updates qualify and how funds are distributed throughout the project.

Buying an older home can be incredibly rewarding when approached with preparation and clear budgeting. By factoring in necessary updates from the start, buyers can preserve the homeís charm while enhancing its safety, comfort, and value for years to come.

Why Home Staging Works: How Buyers Imagine Their Lives Inside Your Property

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When it comes to selling a home, first impressions matter. Home staging helps potential buyers see beyond your personal style and imagine their own lives inside the space. As real estate agent, we’ve seen how effective staging can be in turning casual lookers into serious buyers. It is not just about decorating — it’s about storytelling — creating a visual experience that allows buyers to connect emotionally with your home.

The Psychology Behind Staging
Buyers often make emotional decisions when it comes to choosing a home. Staging works because it helps them envision their future in a space that feels welcoming, balanced, and move-in ready. A clean, organized, and beautifully presented home makes it easier for buyers to picture family gatherings, cozy evenings, or even their morning routines. When buyers can imagine themselves living there, they are more likely to make an offer.

Decluttering and Depersonalizing
One of the key elements of staging is removing excess clutter and personal items. Family photos, collections, and personalized décor can distract buyers from seeing the home as their own. Simplifying your spaces allows the property’s features like natural light, layout, and finishes to shine. The goal is to create a neutral canvas that appeals to the widest range of buyers while maintaining a sense of warmth and comfort.

Highlighting Key Spaces
Not every room needs to be staged, but certain areas have the most impact. The living room, kitchen, and primary bedroom are usually top priorities because they are where buyers imagine spending the most time. Strategic furniture placement can make rooms look larger and more functional. Adding a few stylish touches, such as fresh linens, plants, or artwork, can transform a space without major expense.

The Return on Investment
While staging requires some upfront effort, it often leads to faster sales and higher offers. According to industry studies, staged homes spend less time on the market and frequently sell for more than similar unstaged properties. Buyers perceive staged homes as well-maintained and move-in ready, which can justify stronger offers. Even partial staging or virtual staging can make a measurable difference in buyer interest.

Home staging is more than a marketing tactic; it is a proven way to help buyers fall in love with your property. By creating an inviting atmosphere and allowing imagination to take over, you make it easier for them to see not just a house, but their future home.

Coping Strategies for Homeowners: Balancing Showings, Offers, and Moving

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Selling your home can be both exciting and overwhelming. Between preparing for showings, reviewing offers, and planning a move, the process can feel like a full-time job. As real estate agents, we understand that homeowners often struggle to balance it all, especially when they are still living in the property. With the right strategies and mindset, it is possible to stay organized, reduce stress, and make the experience smoother from start to finish.

Preparing Your Home for Showings
The first step in a successful sale is making your home look its best. Decluttering, deep cleaning, and staging are essential. Focus on creating a welcoming space that helps buyers imagine themselves living there. Simple touches like fresh flowers, soft lighting, and neutral décor can make a big difference. Keep a checklist for quick cleanups before last-minute showings, and have a plan for pets and personal items. The more prepared you are, the easier it is to accommodate potential buyers.

Managing Showings While Living in the Home
Balancing daily life with frequent showings can be challenging, but a little structure helps. Try to keep your home in “show-ready” condition as much as possible, and designate one area where you can quickly store personal items before a showing. Communicate openly with your real estate agent about your schedule, so appointments can be coordinated in a way that minimizes disruption. If possible, plan short outings during open house times so you can relax while your agent handles the traffic.

Reviewing Offers and Making Decisions
When offers start coming in, it can be tempting to focus only on price, but terms and timing are just as important. Your agent can help you evaluate each offer by considering contingencies, closing dates, and financing details. Staying flexible can open doors to smoother transactions. Remember that accepting an offer is just one step — there will still be inspections, appraisals, and paperwork to complete before closing. Keeping communication clear and timely helps everything move forward more efficiently.

Coordinating the Move
Once your sale is under contract, it is time to start planning your move. Create a timeline that aligns with your closing date and allows some cushion for unexpected delays. Organize your belongings into categories — items to keep, donate, or sell. Booking movers early and labeling boxes clearly can make the process more manageable. If you are buying another home at the same time, work closely with your agent to coordinate both transactions smoothly.

Selling a home involves a lot of moving parts, but with preparation, communication, and the right professional guidance, you can navigate it confidently. Every step brings you closer to your next chapter, and having an experienced agent by your side ensures that your goals stay front and center throughout the process.

Honoring Veterans Day, and the Gift of Home

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Today, we honor the brave men and women who have served our country with courage, strength, and selflessness. Your service allows us to enjoy the freedoms that make home and community possible.

As a real estate professional, I am especially grateful for the role homeownership plays in the lives of veterans and their families. Owning a home is more than just having a place to live, it represents stability, pride, and belonging.

The VA home loan program makes this dream more attainable, offering incredible benefits that honor those who have given so much.

To every veteran, and to every family who has supported one, thank you for your service and your sacrifice. Your dedication inspires us all, and it is a privilege to help you find a place to call home.

What’s Ahead For Mortgage Rates This Week – November 10th, 2025

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With the government shutdown heading into a possible resolution, there were still delays on important data such as employment report releases. This has been somewhat relieved with the release of other reports that have been delayed in the past within the current government shutdown.

This time we are looking at Consumer Sentiment reports by Univ. of Michigan, which has reported a record low in sentiment in the last 6 months amidst the government shutdown. This signifies growing consumer anxiety as inflation pressures grow and delays in programs like Food Benefits take effect. Next week, the CPI and PPI inflation reports are tentatively scheduled for release, and many are anticipating it to be within line. However it still remains to be seen if it will be released on time.

University of Michigan Consumer Sentiment
The mood among consumers darkened in November as the government shutdown dragged on, according to a new survey released Friday. The University of Michigan’s consumer-sentiment index fell to 50.3 in a preliminary November reading, down from 53.6 in the prior month. That’s the lowest level since June 2022, which was the lowest level on record.

Primary Mortgage Market Survey Index
• 15-Yr FRM rates saw an increase of 0.09% for this week, with the current rate at 5.41%
• 30-Yr FRM rates saw an increase of 0.05% for this week, with the current rate at 6.22%

MND Rate Index
• 30-Yr FHA rates saw an increase of 0.02% for this week. Current rates at 6.03%
• 30-Yr VA rates saw an increase of 0.01% for this week. Current rates at 6.04%

Jobless Claims
Initial Claims were reported to be delayed until further notice.

What’s Ahead
The CPI and PPI inflation reports are scheduled to be released next week.