If youāre looking to buy a home in Katy, Sugar Land, The Woodlands, Richmond, Pearland, Fulshear, or Cypress, you may have heard that the FHA appraisal process just got a shake-up. But what does that actually mean for you? Are…
On March 19, 2025, Federal Reserve Chairman Jerome Powell stepped up to the mic, and while he didnāt directly say, āHey, mortgage rates are doing this,ā he dropped enough hints for us to connect the dots.Ā So, if youāre a…
Or should you wait and hope the housing market stops playing hard to get?Ā As the flowers bloom and pollen attacks your sinuses this March, you might be wondering if now is the right time to buy a home. Mortgage…
Imagine waking up on March 17, 2025, to find your credit score has magically increased. š No, itās not the work of a mischievous leprechaunāitās the Consumer Financial Protection Bureauās (CFPB) latest rule coming to your rescue.Ā Starting this spring,…
Exciting news for those dreaming of buying a home! The Federal Housing Finance Agency (FHFA) has recently increased its loan limit to a whopping $766,550. This means as a borrower, you now have the chance to borrow more money when…
When mortgage interest rates are high, saving money for a home can seem tough. But with smart planning, you can still reach your goal. Here’s how: Set Clear Money Goals: Decide how much house you want, how big of a…
When you’re looking to buy a house and get a mortgage, the interest rate you’ll pay on that loan isn’t just random. It’s influenced by something called the Federal Reserve, which is like the bank for banks in the United…
Many homeowners and prospective buyers are eagerly awaiting a return to “normal” mortgage rates. However, mortgage rates are influenced by multiple factors, including the overall state of the economy, inflation, the central bank’s monetary policy, and the demand for mortgage-backed…
Mortgage interest rates affect your monthly payments which impact the affordability of homeownership. Below are the factors that influence mortgage interest rates and how they can impact your financial decisions. Monetary Policy: The actions taken by central banks, such as…
While the Fed’s decision to freeze rate hikes can provide significant benefits to home buyers, it’s essential for buyers to stay informed about the broader economic landscape and be prepared for potential changes in the future. By keeping an eye…
