Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans.

Today, the rate of inflation is starting to drop. And as a result, mortgage rates have dipped below last years peak. Sam Khater, Chief Economist at

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It doesnt matter if youre someone who closely follows the economy or not, chances are youve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, lets lean on the experts and what history tells us to see what could lie ahead. As Greg McBride,

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Some Highlights

• Buying a home is a major transaction that can seem even more complex when you dont understand the terms used throughout the process.
• If youre looking to become a homeowner this year, its important to know these housing terms and how they relate to the current market so you feel confident throughout the homebuying

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During the pandemic, second homes became popular because of the rise in work-from-home flexibility. Thats because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isnt only defined by price. In a

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Theres no doubt todays housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities, when looking at key variables now compared to the [...]

Home equity has been a hot topic in real estate news lately. And if youve been following along, you may have heard theres a growing number of homeowners with negative equity. But dont let those headlines scare you.

In truth, the headlines dont give you all the information you really need to understand whats happening and at what scale.

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If youre thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about [...]

Some Highlights

• If youre planning to buy a home in 2023, here are a few things to focus on.
• Work on your credit and save for a down payment. If saving feels like a challenge, theres help available. Then, get pre-approved, create a list of desired features, and prioritize them.
• Lets connect so you have expert advice on how to reach your

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A new year brings with it the opportunity for new experiences. If that resonates with you because youre considering making a move, youre likely juggling a mix of excitement over your next home and a sense of attachment to your current one. [...]

If youre a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving [...]