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The Truth About Down Payments
If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to down payments. That might be because you’ve heard you need to save 20% of the home’s price to put down. Well, that isn’t necessarily the case. Unless [...]
Why Today’s Housing Supply Is a Sweet Spot for Sellers
Wondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why today's housing supply is a sweet spot for sellers. Recent data from Calculated Risk indicates a significant shift [...]
3 Keys To Hitting Your Homeownership Goals in 2024
If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership goals in 2024 into focus. Over the last year, the economy had a big impact on the housing market, and likely on [...]
The Dramatic Impact of Homeownership on Net Worth
If you're trying to decide whether to rent or buy a home this year, here's a powerful insight into the impact of homeownership on net worth that could give you the clarity and confidence you need to make your decision. Every three years, the Federal Reserve releases the Survey of Consumer Finances (SCF), which [...]
3 Key Factors Affecting Home Affordability
Over the past year, a lot of people have been talking about the factors affecting home affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak in October. But there’s more to [...]
2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers
If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, the recent mortgage rate trend is good for sellers like you. Mortgage rates have declined considerably since last October when they hit 7.79%. In fact, they’ve been below 7% for [...]