Real Estate News

When buying a home, you’re probably thinking about mortgage rates, home prices, your down payment, and maybe even your closing costs.

If you’re a homeowner, chances are you’ve built up a lot of wealth – just by living in your house and watching its value grow over time.

If you have a 3% mortgage rate, you’re probably pretty hesitant to let that go. And even if you’ve toyed with the idea of moving, this nagging thought may be holding you back: “why would I give that up?”

Did you know? According to a recent study, 72% of people with student loans think their debt will delay their ability to buy a home. Maybe you’re one of them and you’re wondering:

Especially in areas where inventory is rising, both homebuilders and sellers are sweetening the deal for buyers with things like paid closing costs, mortgage rate buy-downs, and more.

Whether you’re planning to move soon or not, it’s smart to be strategic about which home projects you take on.

From rising home prices to mortgage rate swings, the housing market has left a lot of people wondering what’s next – and whether now is really the right time to move.

The first thing you should know is that, in most markets, things have slowed down a little bit. While you may remember how quickly homes sold a few years ago, that’s not what you should expect today.

With all the uncertainty in the economy, the stock market has been bouncing around more than usual.

Saving up to buy a home can feel a little intimidating, especially right now. And for many first-time buyers, the idea that you have to put 20% down can feel like a major roadblock.