Inflation affects the housing market. Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected....
Financing Blog Posts
Applying For a Mortgage? Here’s What You Should Avoid Once You Do.
While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you...
Sellers Have an Opportunity with Today’s Home Prices
As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage...
Will Home Prices Fall This Year? Here’s What Experts Say.
Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with...
Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates
Interest rates are still very good today! With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing...
Don’t Wait for a Lower Mortgage Rate – It Could Cost You
Don't wait for a lower mortgage rate. Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. Interest rates seemed to bottom...
Understanding Mortgage Rates is key
Understanding mortgage rates has a huge impact on selling or buying a home. Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent...
What Buyers and Sellers Need To Know About the Appraisal Gap
It's economy 101 – when supply is low and demand is high, prices naturally rise. That's what's happening in today's housing market. Home prices are appreciating at near-historic rates, and that's...
How Misunderstandings about Affordability Could Cost You
There's a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR)...