As you look ahead to the winter season, youre likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your needs, finding a house that better suits your lifestyle
[...]Waiting for the mortgage rates to come down before you buy a home may not be a good decision.
If you are correct, and the rates do come down by two percent, the savings you benefit from a lower rate will most likely be devoured by the appreciated price increase.
As of 10/27/22, the 30-year fixed-rate was at 7.08% which is the highest level [...]
While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home.
As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just a few trends that may benefit you
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If youre planning to buy a home, knowing what to budget for and how to save may sound scary at first. But it doesnt have to be. One way to take the fear out of budgeting is understanding some of the costs you might encounter. And to do that, turn to trusted
[...]![Applying for a Mortgage Doesnt Have To Be Scary [INFOGRAPHIC] | Simplifying The Market](https://d15zjc2r4e8kr7.cloudfront.net/9511/blog/misc/applying-for-a-mortgage-doesnt-have-to-be-scary-KCM-549x300.png)
If youre thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what theyre looking
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With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. Its only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news is, theres concrete data to show why this is nothing like the last
[...]A soft second loan, sometimes called a silent second, is subordinate to the first mortgage, whose payment is deferred or forgiven until a specific date or the resale of the property. This would mean that buyers would not have to contend with regular payments thereby keeping their debt-to-income ratio lower and more [...]
Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while theres some debate around whether were officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound quickly. As the 2022 CEO Outlook from
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If youre planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in todays market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Heres why.
To better understand why pre-approval is key, its important to know what pre-approval is. The
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