RECENT BLOG POSTS
Inflation has reached a 40-year high. What does that mean for you as you consider whether or not to buy a home in 2022?You've likely noticed that life grew more expensive in 2021. A combination of government aid, demand for goods and bottlenecked supply chains has increased the cost of everyday i...
02/01/2022
Homeowners are taking advantage of rising home values.Mortgage refinances were down in December, but homeowners are still taking out equity through cash-out refinances.Mortgage origination activity, or the measure of how many new home loans are started, slowed down for the fourth consecutive mont...
01/31/2022
Avoid mistakes by carefully evaluating your finances and shopping around for the right mortgage.The first time you try something, you’re bound to make mistakes. But mistakes buying your first house can cost you dearly for years to come. Fortunately, you don’t have to go it alone. First-time homeb...
01/26/2022
Mortgage rates surged again this week on inflation concerns, hitting the highest point in 22 months that sent homebuyers scrambling to lock in rates.Many homeowners, on the other hand, face a shrinking opportunity to refinance.The rate on the 30-year fixed rate mortgage – the most common home loa...
01/23/2022
With inflation rising to its highest level in nearly 40 years, three-quarters of buyers and sellers say they are changing their plans, according to a new consumer survey of 1,500 aspiring buyers and sellers conducted by Redfin.Twenty-nine percent of survey respondents say they are delaying buying...
01/06/2022
Homeowners who face rising property taxes are often tempted to appeal. But in 2022, The Ascent, a Motley Fool publication, says that homeowners may not be as successful at lowering their bills as they may have in the past.To be successful in a tax appeal, homeowners must prove that their home is ...
01/02/2022
Buyers who were unscathed financially by the pandemic have particularly benefited from mortgage rates under 3%. However, the surging demand for a limited supply of homes for sale has fueled higher home prices. Housing affordability has been waning as a result.In October, monthly mortgage payments...
12/31/2021
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The real estate market remains hot right now, despite economic headwinds. Many people want to jump in and buy a home or upgrade their current home to a new one for good reason. Interest rates are incredibly low, so now could still be a buying opportunity, despite limited inventory and high prices...
12/27/2021
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Whether you rent or own your home, where you live plays an essential role in your life. A recent study conducted by Freddie Mac suggests that housing may affect physical and mental health.In a national online study of more than 2,000 renters and homeowners, 84% reported they believe housing influ...
12/22/2021
With extra time spent at home during the pandemic, more Americans took an interest in fixing up or upgrading their houses. In fact, average household spending on home services increased to $13,140, up from $9,080 in 2019. Did this increased activity lead to more informed homeowners when it comes ...
12/21/2021