Buying a Home Is Still Affordable
Buying Myths | First Time Home Buyers | For Buyers | Housing Market Updates | Interest Rates | Pricing | Rent vs. Buy

Buying a Home Is Still Affordable

The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits their current lifestyle. Understanding how housing affordability works and the main market factors that impact…

Should I Buy Now or Wait? [INFOGRAPHIC]
Buying Myths | First Time Home Buyers | For Buyers | Infographics | Interest Rates | Move-Up Buyers | Pricing

Should I Buy Now or Wait? [INFOGRAPHIC]

Some Highlights If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again. Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates. Buying a home now means you’ll spend less in the…

Planning to Move? You Can Still Secure a Low Mortgage Rate on Your Next Home
For Buyers | For Sellers | Interest Rates | Move-Up Buyers

Planning to Move? You Can Still Secure a Low Mortgage Rate on Your Next Home

This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below the historic norm. Here’s why. After creeping up for seven…

How a Change in Mortgage Rate Impacts Your Homebuying Budget
First Time Home Buyers | For Buyers | Interest Rates | Move-Up Buyers | Pricing

How a Change in Mortgage Rate Impacts Your Homebuying Budget

Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist at Freddie Mac, shares: “Since January, mortgage rates have increased…