Once you’re in the market to buy a home, you’re going to notice every little thing you hear about the housing market. It could be on the TV, a headline or article online, friends, family, coworkers — everyone has an opinion on how the real […]
Sheltering in place leads to desire for more space
The shelter in place orders that have been in effect for weeks across the country have many people spending more time at home than ever before. And after spending so much time in their homes, many of them are noticing what they don’t like about […]
What’s the latest on mortgage interest rates?
Mortgage rates continue to hover at near-record lows. But according to Freddie Mac, those rates have the potential to go even lower in the second half of 2020. “While mortgage rates remained flat over the last week, there is room for rates to move down, […]
Today’s homebuyers want lower prices — Sellers disagree
The uncertainty the world faces today due to the COVID-19 pandemic is causing so many things to change. The way we interact, the way we do business, even the way we buy and sell real estate is changing. This is a moment in time that’s […]
The economic impact of buying a home
We’re in a changing real estate market, and life, in general, is changing too — from how we grocery shop and meal prep to the ways we can interact with our friends and neighbors. Even practices for engaging with agents, lenders, and all of the […]
5 financial benefits to owning your home instead of renting
Owning a home has great financial benefits. In a recent research paper titled “Homeownership and the American Dream,” Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained […]
Your FICO score and how it affects your mortgage
Are you about to apply for a mortgage loan in order to buy a home? If so, you may be curious about your FICO credit score and how this might affect your financing. Here’s a look at how FICO scores can affect your mortgage and […]
‘Distressed’ properties: Foreclosures, REO’s, Short Sales
A “Distressed” property is the industry term encompassing foreclosures, bank owned (REO) and short sales. Many people think that going after foreclosures is a good way of getting a good deal. It can be. But it can also be a risky purchase, and tough to […]
Want to build wealth? Buy a home — and buy it early
It’s safe to assume that pretty much everyone wants to build wealth — and continue to build wealth throughout their life. But how, exactly, do you do that? According to the data, you build wealth by buying real estate — and buying it early. According […]
Are mortgage myths holding you back from buying a home?
A recent survey from Fannie Mae finds that a huge percentage of Americans are overestimating what it takes to secure a mortgage — and those misconceptions about mortgage qualifications could be holding people back […]
