Expert Quotes on the 2024 Housing Market Forecast
Home>>Mortgage News>> Expert Quotes on the 2024 Housing Market Forecast Expert Quotes on the 2024 Housing Market Forecast If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024. In 2023, higher mortgage rates, confusion over home price headlines, and a lack of homes for sale created some challenges […]
What Lower Mortgage Rates Mean for Your Purchasing Power
Home>>Mortgage News>> What Lower Mortgage Rates Mean for Your Purchasing Power What Lower Mortgage Rates Mean for Your Purchasing Power If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the […]
Experts Project Home Prices Will Increase in 2024
Home>>Mortgage News>> Experts Project Home Prices Will Increase in 2024 Experts Project Home Prices Will Increase in 2024 Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. […]
The Dramatic Impact of Homeownership on Net Worth
Home>>Mortgage News>> The Dramatic Impact of Homeownership on Net Worth The Dramatic Impact of Homeownership on Net Worth If you’re trying to decide whether to rent or buy a home this year, here’s a powerful insight that could give you the clarity and confidence you need to make your decision. Every three years, the Federal Reserve releases the Survey of […]
Think Twice Before Waiting for Lower Home Prices
Home>>Mortgage News>> Think Twice Before Waiting for Lower Home Prices As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or […]
Trying To Buy a Home? Hang in There
Home>>Mortgage News>> Trying To Buy a Home? Hang in There We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind, there are some benefits to being a buyer in today’s […]
Market Update April 2023
Mortgage News>> Market Update April 2023 FED HIKES WITH CAUTION The Federal Reserve, despite hotter-than-expected CPI numbers, raised the Fed Funds Rate by 25 basis points (BPS). No longer hawkish after the Silicon Valley Bank failure, the Fed slows the pace of rate hikes due to concern over more bank collapses. The market still anticipates […]
Homebuyer How-to: Leveraging Your Equity
Home>>Mortgage News>> Homebuyer How-to: Leveraging Your Equity One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. Bankrate explains it like this: […]
Why Buying a Home Is a Sound Decision
Home>>Mortgage News>> Why Buying a Home Is a Sound Decision Why Buying a Home Is a Sound Decision If you’re thinking about buying a home, you want to know that the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your […]
Balancing Your Wants and Needs as a Homebuyer This Spring
Home>>Mortgage News>> Balancing Your Wants and Needs as a Homebuyer This Spring Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. Balancing Your Wants and Needs as a Homebuyer This Spring The Monthly Housing Market Trends Report from realtor.com puts it […]