Tag: housing market

Explaining Today’s Mortgage Rates

If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. At the same time, there are markers that assist us in explaining today’s mortgage rates. One thing that historically is a […]

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 […]

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 […]

The True Cost of Selling Your House on Your Own

Selling your house is no simple task. While some homeowners opt to sell their homes on their own, known as a FSBO (For Sale by Owner), they often encounter various challenges without the guidance of a real estate agent. If you’re currently considering selling your house without a Realtor, here’s what you should know about […]

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 […]

The Best Time To Sell Your House Is When Others Aren’t Selling

In an earlier blog, we discussed what the best season of the year is to sell your house. In light of today’s market, we’re going to amend that a bit by telling you why the best time to sell your house is when others aren’t selling theirs. If you’re thinking about selling your house, you […]

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 […]