The housing market is going through a transition. Higher mortgage rates are causing more moderate buyer activity at the same time the supply of homes for sale is growing.And if you aren’t working with an agent, you may not realize…
Today’s headlines and news stories about home prices are confusing and make it tough to know what’s really happening. Some say home prices are heading for a correction, but what do the facts say? Well, it helps to start by…
Refinancing your mortgage can be a smart financial move, potentially lowering your interest rate, reducing monthly payments, or shortening your loan term. Proper preparation is key to a smooth refinancing process. Here’s how to get ready for a mortgage refinance.…
Some HighlightsEquity is the difference between what your house is worth and what you still owe on your mortgage.The typical homeowner gained $28,000 over the past year and has a grand total of $305,000 in equity. And there are a…
As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what’s ahead.One thing that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs…
If you’re in the market to buy a home, there’s some exciting news for you. Many people assume that newly built homes are more expensive than existing ones (houses that have already been lived in), but that’s not always the…
Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets. And those high costs on everything from gas to groceries are fueling unnecessary concerns that more people are going to have…
There’s an interesting trend happening in the housing market. People are increasingly moving to more affordable areas, and remote or hybrid work is helping them do it.Consider Moving to a More Affordable AreaToday’s high mortgage rates combined with continually rising…
When buying a home, many factors influence the decision-making process, and school districts are often at the top of the list. Good school districts can significantly impact home values, making properties in these areas more desirable. Here’s why school districts…
Owning a vacation home is a dream for many, offering a personal retreat and potential rental income. However, buying a second property comes with its own set of challenges. Here are some essential tips to help you make a smart…
