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…
An increase in interest rates can have a significant impact on your monthly mortgage payments. Increased Monthly Payments: Higher interest rates lead to higher monthly mortgage payments. This occurs because the interest portion of your payment increases, while the principal…
If you are interested in buying in a neighborhood going through revitalization, there are plenty of benefits that you can use to make the most of your purchase. Through the Qualified Opportunity Zone program, people buying in these areas through…
Homeowners with an eye to sell their home may be hearing words like walkability. But was does it mean and how does it apply to your situation? While it isn’t a big factor with all buyers or all situations, it…
The national economy is a complex system but there are a few signs that potential homebuyers and sellers can look for that show the housing market is shifting. For the past few years, the home market in the U.S. has…
If you are getting ready to buy a house in the next few years, taking time to build your credit is a great way to get the best rates and keep your costs down. Here are a few steps that…
As the air turns crisp and leaves start to fall, there are steps that homeowners can take to keep their houses in the best shape possible. Not only does this help you enjoy your home, it can also keep costs…
Considering selling your home? You may have thought about listing it yourself as For Sale by Owner or FSBO. This means that you will do all of the work to market, show, and sell your home without the assistance of…
The photos included in your home’s listing are one of the first things that potential buyers look at when browsing through listings. Most will decide to schedule a showing based on photos alone. That’s why putting your home’s best foot…
