When reading about the housing market, you often encounter information about inflation and recent decisions by the Federal Reserve (the Fed). But how do those two things impact you and your homebuying plans? Here's what you [...]
For Generation Z, known as the "Zoomers," born between 1997 and 2012, achieving the traditional American Dream of homeownership can seem daunting due to current challenges such as elevated mortgage rates and escalating housing prices. [...]
Mortgage rates have recently surged to their highest level in over twenty years, garnering significant media attention (see graph below): The increase in mortgage rates might feel discouraging if you're contemplating a significant decision. If you're [...]
Considering higher mortgage rates, increasing home prices, and affordability issues may raise doubts about buying a home now. However, it's crucial to also weigh the long-term advantages of homeownership. People who purchased homes 5, 10, [...]
If you're contemplating selling your home, the current high mortgage rates might give you pause. Some homeowners are hesitant to sell and face the possibility of higher rates on their next home purchase. However, it's important [...]
For prospective homebuyers in the current market, it's essential to closely monitor mortgage rates. Mortgage rates play a significant role in determining home affordability, and affordability is currently a challenge. It's worthwhile to take a [...]
Inflation and the housing market are interconnected, with changes in one affecting the other. Inflation can impact the housing market through interest rates, purchasing power, construction costs, rental prices, and investor behavior. These connections highlight the complex [...]
If you're contemplating whether to buy a home, various factors are likely occupying your thoughts, such as your financial situation, current mortgage rates, housing prices, the scarcity of available homes, and other related considerations. You're [...]
The news often covers the housing market and its relation to the Federal Reserve's decisions. However, it's important to understand how these decisions impact your home buying plans. Here's a breakdown of what you should [...]
Many homeowners considering selling their homes are facing two main obstacles. First, they are concerned about being tied to higher mortgage rates currently prevailing in the market. Second, they worry about the difficulty of finding a [...]
If you keep a close eye on mortgage rates because you understand their influence on your borrowing expenses, you might be curious about their future trajectory. Unfortunately, predicting mortgage rates is notoriously challenging. However, one historically [...]
In the current housing market, it's essential to understand what to expect before deciding to sell your house. One encouraging trend is that homebuyers are actively adapting to today's mortgage rates and embracing them as [...]
