If you’ve been searching for a home recently, you’ve probably felt the pressure of today’s mortgage rates. With both rates and home prices on the rise, many buyers are exploring different loan options to help make homeownership more attainable. One option growing in popularity? Adjustable-rate mortgages, or ARMs. If the term brings back memories of the 2008 housing crash, you’re not alone. But...
When you're in the market for a new home, your focus is likely on mortgage rates, home prices, your down payment, and closing costs. But one thing that might not be top of mind is homeowners association (HOA) fees. While not every home comes with them, it’s important to know they’re a possibility—especially depending on the neighborhood you choose. A homeowners association is a group that manages...
With home prices rising and mortgage rates fluctuating, it’s no surprise that many people are wondering what the rest of the year will bring — and whether now is a smart time to make a move. The good news? You don’t have to guess. Trusted industry experts are sharing their latest market projections, and the outlook may be more encouraging than you think. Leading housing analysts have begun...
Saving for a home can feel daunting—especially in today’s market. And for many first-time buyers, the belief that a 20% down payment is required often seems like a major hurdle. The good news? That’s one of the most common myths about homebuying. Here's what you really need to know. Do You Really Have To Put 20% Down When You Buy a Home? Unless your specific loan program or lender requires it,...
According to Realtor.com, the week of April 13–19 was projected to be the best time to list a home this year. And if that week has already passed, you might be asking yourself: did I miss the window? The good news — not at all. Here’s why. While that prediction is based on Realtor.com’s own analysis, other real estate sources use different data and approaches — which means their findings often...
Lately, headlines have been buzzing about the rise in new home inventory, noting that we’re now seeing levels not experienced since 2009. If that immediately brings to mind the housing crash of the late 2000s, you’re not alone — and it’s completely understandable to feel a little uneasy. But before jumping to conclusions or letting fear take the wheel, it’s worth remembering that headlines are...
Spring is here, and with it, the housing market is starting to heat up. If you’ve been considering whether now is the right time to buy or sell, here's a closer look at why this spring could be the perfect time to make your move. 1. There Are More Homes for Sale After a prolonged period of limited inventory, the number of homes available for sale is finally on the rise. Recent data from Realtor.com...
If you’ve been hesitant to buy a home due to high mortgage rates, now may be a good time to revisit the market. Mortgage rates have been steadily declining in recent weeks, creating an opportunity for potential buyers to re-engage. According to Freddie Mac, mortgage rates have fallen for seven consecutive weeks, now reaching their lowest point so far this year (see graph below). While this shift may...
Are you looking to buy a home but feel like you're competing against wealthy Wall Street investors scooping up every property?
The past few years have been tough for homebuyers, with rising home prices and mortgage rates making the process even more challenging.
