Rising Mortgage Interest Rates!

Rising Mortgage Interest Rates!

If you have been on the fence about buying a home, now is the time to buy!  Mortgage rates are jumping, delivering a one-two punch to potential buyers already dealing with home prices that have risen sharply over the past few years. Mortgage giant Freddie Mac on Friday reported that the rate for 30-year fixed mortgages has hit a seven-year high — and experts expect home-loan rates to continue rising. Interest rates tend to increase in response to inflation, which is picking up steam for the first time in decades.   Bottom Line Whether you are a move-up buyer or first-time buyer, waiting to purchase your next home based on the belief that prices will fall because of rising mortgage rates makes no sense. It may actually be a good time for you to purchase your new home sooner rather than later.  We do not see any reason for rates to stop climbing and the cost to wait may be bigger than you may think.  You should also know that mortgage interest rates are still relatively low when you consider what they’ve been over the last 20–30 years. With interest rates on the rise, you might be considering buying sooner than later.  If you’re searching on the most popular house hunting apps, you could potentially be wasting up to 47% of your time since their data is dated.  Visit our website at www.RomanskiGroup.com for up to date property information to begin your home buying journey! SEARCH HOMES IN LAFAYETTE INDIANA NOW! TO FIND OUT IF YOU QUALIFY FOR A MORTGAGE, CONTACT ERIC COX OF RUOFF MORTGAGE!   For up-to-date information on YOUR Indiana area...
901 Rainbow Court | Lafayette

901 Rainbow Court | Lafayette

Welcome to 901 Rainbow Court, Lafayette 901 Rainbow Court is located in Lafayette, just minutes from Purdue University and 1.5 miles from Columbian Park Zoo. This beautiful 4 bedroom home sits on a corner lot in Jesco Hills Subdivision. Come take a tour of this 3,200+ square foot home!     Upon entering 901 Rainbow Court you’ll be blown away by the beautiful 2-story foyer! To your right, a lovely formal dining space perfect for holiday dinners and parties. To your left, a gorgeous arched entry way that leads into the formal living area which opens to the family room by glass french doors. The spacious family room has a fireplace and cathedral ceilings. From the stairway you have an areal view of what’s happening in the family room so if you need to keep an eye on anyone you’ve got a bird’s-eye view.      The family room opens to the spacious eat-in kitchen, which has a breakfast bar, perfect for the extra counter space for prepping food, sipping coffee, or displaying food for the family BBQ. From the kitchen you can quickly access the deck to check on grilling food or family and friends playing in the fenced-in back yard. There’s also a half bath located off the kitchen as well as basement access.   The master bedroom at 901 Rainbow Court is located on the main level of them home, giving you a nice private space to enjoy! The master en suite bathroom has tiled floors, a dual sink vanity, soaking tub, walk-in shower and plenty of storage! This oasis of a space is perfect for relaxing with...
36 S 875 W | West Lafayette

36 S 875 W | West Lafayette

Welcome to 36 S 875 W! 36 S 875 W is located in West Lafayette, about 11 miles West of down town, nestled on the Golf Ravines Golf Course, and just around the corner from Ross Hills Park. This beautiful 3 bedroom home is situated on nearly an acre. Come take a tour of this 2,500+ square foot home!   Upon entering 36 S 875 W you’ll find a breathtaking foyer with gorgeous wood flooring, plenty of sunlight, a beautiful chandelier, and stairs leading to the 2nd story. Off the foyer is the formal dining room with custom paint job, and wood accents on the walls. There’s also a formal sitting area off the foyer which could also be used as a home office space.   Walk passed the stairs and down the hall towards the back of the house and you’ll walk right in to the family room. This spacious room is connected to the eat-in kitchen that is plenty big enough to hold a breakfast table for a more casual dining option. The family room has a large window that provides ample sunlight and views of the back deck. What’s great about this floor plan is the openness, giving you the ability to prepare a meal while still overseeing homework being done on the breakfast table, a ball game happening in the backyard, and the TV being watching in the family room. Entertaining and overseeing is made easy!   The spacious and open kitchen has several pedant lights and sunlight from the window over the sink, providing plenty of light. The kitchen has stainless steel appliances, as well as...
5502 Lux Blvd. | Lafayette

5502 Lux Blvd. | Lafayette

Welcome to 5502 Lux Blvd!  5502 Lux Blvd. is located in in Eagle’s Nest Farms subdivision off SR-26 near I-65, making your commute or travels out of town that much easier without in-town traffic! This area is very close to Mejier and Meijer Gas Station, Starbucks, Cracker Barrel, Walmart, and many other restaurants and retail stores making last minute errands quick and easy. Come take a tour of this 1,514 square foot, 1 story home!   Upon entering 5502 Lux Blvd. you’ll step into the foyer, which has a coat closet for all your winter gear and a tiled floor making this high traffic area easy to clean. From the foyer you can see right into the bright living space with backyard and patio views. This space is warm and welcoming to guests and allows for a streamline path from entry to the couch to watch the big game!    From the tiled kitchen you can see into the living room making a quick run to the fridge during your favorite show less risky so you’re not missing out on an important scene! This gorgeous kitchen has a french door fridge with a freezer drawer, dishwasher, and pantry. The center island adds additional counter space while cooking, but also makes for a great spot to chat with friends and sip wine. The kitchen is open to a tiled sunroom that the current owners are using as a formal dining space. From here you can quickly access the back patio to check on your dinner cooking on the grill!   From the back patio to the sunroom you’ll have plenty...
124 Knox Drive | West Lafayette

124 Knox Drive | West Lafayette

Welcome to 124 Knox Drive! 124 Knox Drive is located in Wabash Shores Subdivision in West Lafayette, just South of Sagamore Pkwy W. This home offers quick access to a Payless, Starbucks, Walgreens, CVS, the post office, and several other stores making grocery shopping and last minute errands quick and easy! This 4 bedroom home has 2 stories, a full-unfinished basement, nearly 2,000 square feet of living space, a fully fenced-in backyard with deck and patio, a 2-car attached garage, and more! Come take a tour of this charming home!   Upon entering 124 Knox Drive you’ll immediately notice the beautiful hardwood flooring that carries through the entire first floor. To your right (as you walk in) is a large living room area with a beautiful bay window allowing plenty of natural light to fill the room! This bay window is the perfect spot for curling up with a good book and a cup of coffee. From the living room you can see the formal dining area that ties to the kitchen. To your left is a hallway that leads to a second living room space that gives access to the backyard, the laundry room, basement, a half bath, and the kitchen. This floor plan is really ideal for entertaining family and friends. We see one living room filled with adults and the other filled with children!   The beautiful white kitchen has backyard views, access to the second living room space, and the formal dining room. From the kitchen you can quickly get to the deck out back to check on grilling food, then to the dining room...
2313 Drexel Drive | Lafayette

2313 Drexel Drive | Lafayette

Welcome to 2313 Drexel Drive!  2313 Drexel Drive is located in the Seasons Four Subdivision, which is West of Sagamore Pkwy and North of Veterans Memorial Pkwy, just South of Lafayette proper. The front patio space is perfect for sipping your morning cup of coffee and seeing the kiddos off to school. Built in 2001, this home has 3 bedrooms, all located on the 2nd floor, and 2.5 baths. The backyard is fully fenced-in and the first floor is open and spacious! Come take a tour of this nearly 1,500 square foot home!                                       Upon entering 2313 Drexel Drive you’ll immediately notice the beautiful wood floors and the expansive living room area, which is conveniently connected to the formal dining room and kitchen. The living room can comfortably fit a large sectional, area rug, coffee table, end tables, and really any other furniture you may have. The openness of this room will provide a warm and welcoming feeling to guests when they arrive. This room will easily hold your closest friends when you watch “the big game” or where all the kiddos can hang out before dinner.                                       As you walk from the living room to the kitchen you’ll pass by the formal dining room, where you can host family dinners or get lost in a school project. As you can see, the wood floors are carried all throughout the first floor, which...