Many buyers are in “wait and see” mode right now, watching rates linger just above 6% and thinking, I’ll buy when they drop into the 5s. And of course—everyone wants a better rate. But here’s the reality: hitting 5.99% may not save you as much as you expect. Affordability Continue Reading
You’ve been holding out for what seems like forever, hoping mortgage rates would finally shift — and last week, they did in a big way. On Friday, September 5th, the average 30-year fixed mortgage rate dropped to its lowest point since October 2024. It marked the sharpest Continue Reading
Did you know? Homeowners frequently have the opportunity to make a larger down payment when purchasing their next home. This is because, upon selling their current home, they can apply the equity they’ve built toward the down payment for their new property. As home equity Continue Reading
Are you on the fence about selling your house? While affordability is improving this year, it’s still tight. And that may be on your mind. But understanding your home equity could be the key to making your decision easier. An article Continue Reading
Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak in October. But there’s Continue Reading
If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends Continue Reading
