How to Beat High Rates with a 2-1 Buydown
In an environment where mortgage interest rates are high, rate buydown strategies can be very helpful for homebuyers who are worried about being able to afford a new mortgage payment.…
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Will Waiting to Buy a Home Actually Save You Money? Let’s Look at the Numbers.
Mortgage interest rates: it seems like all anyone can talk about these days. And with good reason. The basic equation of housing affordability boils down to just two main factors:…
Housing Is on a Roll! Home Values Up, Mortgage Rates Down
Housing is on a ROLL! Recent reports from CoreLogic, Black Knight, and Zillow confirm that in many areas of the country, home price cooldowns were just mild corrections. Not only…
Why Did Mortgage Rates Jump Recently?
If you’ve been following our blog, you know that we’ve had a positive outlook on mortgage rates dropping as we move into the second half of 2023. The reason for…
Don’t Let Short-Term Homebuying Fears Keep You From Long-Term Wealth
Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important…
Rental Market Heats Up as Investors Purchase More Single-Family Homes
A few months ago we wrote about the news that Don Mullen, former Goldman Sachs Executive and Founder of Pretium Partners who bought up a slew of distressed properties post-2008,…
Why We Are NOT in a Home Equity Crisis
“Housing slowdown leads to first annual drop in homeowner equity since 2012” “Home equity is dropping. Here’s what to do now.” These are just a few of the headlines that…
Home Prices Rise Again In April: What to Expect If You’re Still Waiting to Buy
This week we received the April home price reports from CoreLogic, Black Knight, and Zillow; and just as we anticipated, they show that continued low supply and slightly higher demand…
Have a Lot of Equity, But Feel Stuck In Your Low Rate? You Need an Equity Transition Plan
Do you want to use your home equity to move to a better home, but feel like you’re stuck because you have a low interest rate on your current mortgage?…
Home Prices Rise Again and Inventory Remains Tight
Steep competition in the housing market and low supply are still heating up home prices. On Tuesday May 30, we got the March numbers for the S&P CoreLogic Case-Shiller Indices…
