Tag: homebuyer

Homebuyers Are Getting Used to the New Normal

Before you decide to sell your house, it’s important to know what you can expect in the current housing market. One positive trend right now is homebuyers are getting used to the new normal and adapting to today’s mortgage rates. To better understand what’s been happening with mortgage rates lately, the graph below shows the trend for […]

Why Homeownership Wins in the Long Run

Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership when making your decision. Taking a long-term approach it becomes clear […]

What Homebuyers Need To Know About Credit Scores

If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time, pay back debts, and more. It’s also a factor that helps determine the mortgage […]

Evaluating Your Wants and Needs as a Homebuyer Matters More Today

When it comes to buying a home, especially with today’s affordability challenges, evaluating your wants and needs as a homebuyer matters more today than ever. And, today’s higher mortgage rates are impacting how much it costs to borrow money for your home loan. To help offset today’s higher borrowing costs, some homebuyers are taking a […]

How Homeowners Win When They Downsize

Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. Let’s take a closer look at […]

Strong Job Market Is Fueling Homebuyer Demand

The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong and getting stronger. This effectively illustrates how America’s strong job market is fueling homebuyer demand. One way we know there are interested buyers right now is because showing traffic […]

The Worst Home Price Declines Are Behind Us

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. Contrary to those headlines, home prices aren’t in a freefall. This is a trend we noted […]

The Impact of Changing Mortgage Rates

If you’re looking to buy a home, you should know even a small change in mortgage rates has an impact on your purchasing power. The charts below show how rates generally affect your monthly payment. The best way to navigate changing mortgage rates and make an informed buying decision is to rely on the expertise […]

The Power of Mortgage Pre-Approval

If you’re thinking of buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to find the right house and act […]

What’s the Difference Between a Home Inspection and an Appraisal?

If you’re planning to buy a home, you’ll need a property inspection and an appraisal before you can complete the purchase. Maybe you’re wondering if, or why, you need both. In this blog, we’re going to discuss the difference between a home inspection and an appraisal. A home inspection assesses the condition of the home […]