If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. But, there’s one thing that’s historically ... » Learn More about Explaining Today’s Mortgage Rates
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Owning Your Home Helps You Build Wealth
You may have heard some people say it’s better to rent than buy a home right now. But, even today, there are lots of good reasons to become a homeowner. One of them is that owning a home is typically viewed as a good long-term investment that helps your net worth grow over time. Homeownership ... » Learn More about Owning Your Home Helps You Build Wealth
Renting or Selling Your House: What’s the Best Move?
If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent ... » Learn More about Renting or Selling Your House: What’s the Best Move?
Reasons Your Home May Not Be Selling
When it comes to selling your house, you want three things: to sell it for the most money you can, to do it in a certain amount of time, and to do all of that with the fewest hassles. And, while the current housing market is generally favorable to sellers due to today’s limited housing supply, there ... » Learn More about Reasons Your Home May Not Be Selling
Evaluating Your Wants and Needs as a Homebuyer Matters More Today
When it comes to buying a home, especially with today’s affordability challenges, you’ll want to be strategic. Mortgage rates impact how much it costs to borrow money for your home loan. And, to help offset the higher borrowing costs today, some homebuyers are taking a close look at their wish list ... » Learn More about Evaluating Your Wants and Needs as a Homebuyer Matters More Today