23 Feb 2023 Think Twice Before Waiting for 3% Mortgage Rates Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful home buyers experienced a hit to their purchasing power as a result, and some decided to press […] Share on Facebook Share on Twitter
16 Feb 2023 What You Need To Know About Pre-Approval in 2023 One of the first steps in your homebuying journey is getting pre-approved for a mortgage. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Read on to learn what you need to know about pre-approval in 2023. Pre-Approval is Key in 2023 Basically, pre-approval […] Share on Facebook Share on Twitter
9 Feb 2023 Lower Mortgage Rates Are Bringing Buyers Back to t... As mortgage rates rose last year, activity in the housing market slowed down. and as a result, homeowners wanting to sell started seeing fewer offers and their houses stayed on the market longer as buyers waited for lower mortgage rates to return. As a result, some homeowners decided to press pause on selling. in fact, […] Share on Facebook Share on Twitter
26 Jan 2023 Financial Fundamentals for First-Time Homebuyers Buying your first home can be equally exciting and frustrating. If you’re a first-time homebuyer, one of the steps you should take early on is making sure you’re financially ready for your purchase. Having your financial life in order and understanding the impact of homeownership is vital to every step of your homeownership journey. This […] Share on Facebook Share on Twitter
27 Dec 2022 Homeownership Is an Investment in Your Future There are many people thinking about homeownership, but with everything affecting the economy, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the Mortgage Bankers Association (MBA), explains: “The desire for homeownership is strong. Many prospective buyers are waiting for […] Share on Facebook Share on Twitter
