by Sonya Taylor | Sep 10, 2024 | Affordability, Buyers, Buying Tips, Mortgage Rates
Since the supply of homes for sale is growing and mortgage rates are coming down, you may be thinking it’s finally your moment to jump into the market. To make sure you’re ready, you need to get pre-approved for a mortgage. That’s when a lender looks at your finances,...
by Sonya Taylor | Aug 26, 2024 | Affordability, Mortgage Rates
You won’t find anyone who’s going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years. But there is hope on the horizon. Rates have actually started to come down. And, recently they hit the lowest point we’ve seen...
by Sonya Taylor | Aug 19, 2024 | Buyers, Mortgage Rates, Sellers
If you’re thinking about buying or selling a home, you’ve probably got mortgage rates on your mind. That’s because you’ve likely heard that mortgage rates impact how much you can afford in your monthly mortgage payment, and you want to factor that into your planning....
by Sonya Taylor | Aug 13, 2024 | Affordability, For Buyers, Mortgage Rates
Over the past couple of years, a lot of people have had a hard time buying a home. And while affordability is still tight, there are signs it’s getting a little better and might keep improving throughout the rest of the year. Lawrence Yun, Chief Economist at...
by Sonya Taylor | Jul 2, 2024 | Buyers, Buying Tips, Home Prices, Mortgage Rates
With all the headlines circulating about home prices and mortgage rates, you may be asking yourself if it still makes sense to buy a home right now, or if it’s better to keep renting. Here’s some information that could help put your mind at ease by showing that...
by Sonya Taylor | Jun 18, 2024 | Buying Tips, Economy, Mortgage Rates
Chances are you’re hearing a lot about mortgage rates right now. You may even see some headlines talking about last week’s Federal Reserve (the Fed) meeting and what it means for rates. But the Fed doesn’t determine mortgage rates, even if the headlines make it sound...
