Over the past few years, some homeowners have decided to delay their move because they don’t want to sell and take on a higher mortgage rate on their next home. Maybe you’re thinking the same thing. And honestly, that’s no surprise. It’s a very common roadblock and is one of the biggest factors that’s kept the number of homes on the market so low for so long. But a growing number of...
After months of sitting on the sidelines, many home buyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for home buyers—and it may not last long. So, if you’ve put your move on the back burner, here’s why maybe you shouldn’t delay your plans any longer. As you...
When you're in the market for a new home, one of the most critical factors to consider is the mortgage rate. Mortgage rates directly impact your buying power, determining how much home you can afford and what your monthly payments will look like. Understanding how mortgage rates affect your homebuying power can help you make informed decisions during your home search. In this article, we'll explore the...
Today's mortgage rates are top-of-mind for many homebuyers right now. As a result, if you're thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions: Why Are Mortgage Rates So High? When Will Rates Go Back Down? Here's the context you need to help answer those questions. Why Are...