Virginia Gardner

Blog :: 07-2023

Dont Fall for the Next Shocking Headlines About Home Prices

If youre thinking of buying or selling a home, one of the biggest questions you have right now is probably: whats happening with home prices? And its no surprise you dont have the clarity you need on that topic. Part of the issue is how headlines are talking about prices.

Theyre basing their negative news by comparing current stats to the last few years. But you cant compare this year to the

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Owning Your Home Helps You Build Wealth

You may have heard some people say its better to rent than buy a home right now. But, even today, there are lots of good reasons to become a homeowner. One of them is that owning a home is typically viewed as a good long-term investment that helps your net worth grow over time.

Homeownership Builds Wealth Regardless of Income Level

You may be surprised to learn homeowners across various income levels have a much higher net worth than renters who make the same amount. Data from

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Explaining Todays Mortgage Rates

If youre following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, theres no easy way to answer that question because mortgage rates are notoriously hard to forecast.

But, theres one thing thats historically a good indicator of whatll happen with rates, and thats the relationship between the 30-Year Mortgage Rate and the

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Homebuyers Are Getting Used to the New Normal

Before you decide to sell your house, its important to know what you can expect in the current housing market. One positive trend right now is homebuyers are adapting to todays mortgage rates and getting used to them as the new normal.

To better understand whats been happening with mortgage rates lately, the graph below shows the trend for the 30-year fixed mortgage rate

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