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 Impact of Inflation on Mortgage Rates
If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve.
A Recession Doesn’t Equal a Housing Crisis
Everywhere you look, people are talking about a potential recession.
The Three Factors Affecting Home Affordability Today
There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers.
What Are the Experts Saying About the Spring Housing Market?
The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring.
How Changing Mortgage Rates Can Affect You
The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year.
What’s Ahead for Home Prices in 2023
Over the past year, home prices have been a widely debated topic.
What You Should Know About Rising Mortgage Rates
After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the right time to buy or if you should hold off on your search until rates come back down.
The Two Big Issues the Housing Market’s Facing Right Now
The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply:
Understanding What Your Closing Costs Are & How Much You Should Be Budgeting For | Team Success Listing LLC
Understanding What Your Closing Costs Are & How Much You Should Be Budgeting For | Team Success Listing LLC Closing costs refer to the various fees and expenses that homebuyers incur when they purchase a property. These costs typically include a range of expenses such as loan origination fees, appraisal fees, title search fees, and […]