This month, the nation will honor our military and reflect on all they do to keep us free. Here at Nuvision, we have a few special things planned for this month as well...

Last year was the best for local real estate since 2005. But things are changing, and demand is taking a hit as mortgage rates continue to rise. Mortgage rates have risen more than 2.25% since December, making homes less affordable. Changes in affordability that come with rising rates will cool the insane pace that has characterized the market recently.

Since she joined the mortgage team in 2017, Angie’s presence has made workdays more enjoyable and the workload easier to manage. She can always be counted on to jump in when a need arises, whether it’s serving a member or giving time last-minute to fill an overlooked need. Angie’s hand is the first to go up to volunteer for Nuvision community events, like our Memorial Day Gas Giveaway.

No matter the profession, our members have one thing in common: they are making a difference. We are grateful that so many hard-working people have chosen to trust us to assist with their financial needs. We want to thank you with more than words. That’s why we’ve hosted numerous events in each market this year and are looking forward to our annual Added Advantage Summer Giveaway in a few weeks. Ten members will win cash prizes!

Honoring our military on Memorial Day is the most important thing we do each May. It’s a time to remember those who gave their lives to secure the freedoms we enjoy each day in America. It’s also a time to thank those still living, our veterans and current military members, for the sacrifices they make to protect us. Each year, we host Memorial Day Gas Giveaways in each of our regions. This year, we’re hosting numerous other events as well. Check out what events are happening in your region below.

Watching prices rise while listening to mixed messaging in economic news coverage can be confusing—and stressful. Many Americans have been hit hard by the current economy and are looking for answers. That’s why Nuvision hosted local economics expert and UCLA Anderson School of Management professor Jerry Nickelsburg and Nuvision’s VP of Mortgage Sales and Products Michael R. Sternquist for a Facebook webinar on April 20th.

The time since July 2020 has been marked by an insane market pace, with houses receiving offers soon after hitting the market and buyers falling into bidding wars against other eager potential homeowners. But things are changing. With higher rates, low inventory, and muted demand, new trends are emerging. The market is shifting back to the balanced, slower pace we are used to. It will take time, as changes in the housing market don’t happen overnight, but a shift is coming. These three factors are driving the change.

There’s less than a month left to enter our Essay Challenge for a chance to win a $5,000 college scholarship. Through April 22nd, seniors in AK, AZ, CA, WA, and WY can enter by submitting an essay answering this question: What does financial success mean to you? You could be our next winner! Just ask Chelsea, one of our previous $5,000 prize winners.