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Category Archives: Affordability
Why Buyers Shouldn’t Overlook a Fall M...
You’ve been waiting for something to change before you buy. It just might not be the thing you expected… While everyone’s paying attention to mortgage rates, only the savviest buyers know that t ...
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Think New Homes Cost More? Not Right Now.
Most people think a newly built home costs more than an existing one. But right now, that’s actually backwards. Newly built homes are more affordable than existing ones in a lot of markets. And that’s ...
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Thinking About Tapping into Your 401(k) To B...
Lately, headlines have floated an eye-catching idea about tapping into your 401(k) to cover a down payment on a home. Maybe you’ve caught the buzz and wondered whether that money could get you i ...
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Sellers Are Cutting Prices To Meet Buyers Wh...
You’re scrolling through listings on your phone and everything looks good until you see the price (or the estimated monthly payment). Then you close the app. Because even if you love the house, ...
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Here’s Why Mortgage Rates Are What They Are ...
If you’re waiting for mortgage rates to fall a lot before you buy, you may be waiting a while. But before you get discouraged, there’s a number working behind the scenes that’s actua ...
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The Case for Putting 20% Down on Your Next H...
If you’re planning to buy your next home soon, you’ve probably heard the old rule about saving 20% for your down payment. The truth is, you usually don’t have to. Plenty of loan options let qualified ...
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Thinking About Waiting for Lower Mortgage Ra...
Imagine waiting a year to buy a home, only to find mortgage rates haven’t changed much. That may sound frustrating.But it’s a real possibility. A lot of people are putting their plans on h ...
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Buying a Home? Here’s What You Should ...
If buying a home is on your radar, you’ve probably been keeping an eye on mortgage rates and home prices. But don’t forget about homeowners insurance. Homeowners insurance has always been part ...
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Priced Out? A Condo or Townhome Could Be You...
Today’s home prices have a lot of buyers – especially first-time buyers – wondering if there’s even anything out there that’s in their budget. But owning a home may be more within reach than you ...
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What To Expect from the Housing Market in th...
If the first half of this year has left you feeling stuck, you’re not the only one. Mortgage rates stayed higher than people wanted. Affordability remained tight. And uncertainty overseas added ...
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