“Here’s a closer look at the three measures used to establish home affordability.” If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the...
“Homes priced right are still selling in today’s market.” Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to...
“pre-approval gives you critical information about the homebuying process that’ll help you understand your options and what you may be able to borrow.” One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such...
“2023 should lead to lower mortgage rates however it isn’t going back to 2% anytime soon!” Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record...
“While there may be a few similarities, when looking at key variables now compared to the last housing cycle, there are significant differences.” There’s no doubt today’s housing market is very different than the frenzied one from the past couple of...
“Let’s break down one of the big equity stories you may be seeing in the news, and what’s actually taking place.” Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number...
