There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – here are three ... » Learn More about Three Factors Affecting Home Affordability Today
Buying A Home
Buying a Home in Spring 2023
There is still a shortage because there are fewer houses for sale than in normal years before the pandemic even though there are more houses for sale now than there were at this time last year. Here's what Realtor.com has to say about buying a home in Spring 2023 in their Monthly Housing Market ... » Learn More about Buying a Home in Spring 2023
Pre-Approval in 2023: What You Need To Know
One of the first steps in your home-buying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells you which types of loans you ... » Learn More about Pre-Approval in 2023: What You Need To Know
How Much You Need To Save for a Down Payment
If you’re getting ready to buy your first home, you’re likely focused on how much you need to save for a down payment. Don't let a common misconception about how much you need to save make the process harder than it needs to be. It may surprise you. How Much You Need To Save for a Down ... » Learn More about How Much You Need To Save for a Down Payment
9 Home Buyer Tips
Buying a new home can be confusing. After all, a home is the largest investment most families will make. Relax! Here are 9 Home Buyer Tips to make your journey to homeownership a little easier. Home Buyer Tips So there you have it! Nine Home Buyer Tips to help you on your ... » Learn More about 9 Home Buyer Tips