Category: Interest Rates

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Invest in Yourself by Owning a Home

Buying Myths / First Time Home Buyers / For Buyers / Housing Market Updates / Interest Rates / Move-Up Buyers / Pricing

Invest in Yourself by Owning a Home

Are you wondering if it makes sense to buy a home right now? While today’s mortgage rates might seem a bit intimidating, here are two compelling reasons why it still may be a good time to become a homeowner. Home Values Appreciate over Time There’s been a lot of confusion...

What Are the Real Reasons You Want To Move Right Now?

Demographics / For Sellers / Interest Rates / Selling Myths

What Are the Real Reasons You Want To Move Right Now?

If you’re considering selling your house right now, it’s likely because something in your life has changed. And while things like mortgage rates play a big role in your decision, you don’t want that to overshadow why you thought about making a move in the first place. It’s true mortgage...

Are Higher Mortgage Rates Here To Stay?

Buying Myths / First Time Home Buyers / For Buyers / Housing Market Updates / Interest Rates

Are Higher Mortgage Rates Here To Stay?

Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below):   That can feel like a little bit...

Understanding the Benefits of Owning Your First Home

Buying Myths / First Time Home Buyers / For Buyers / Interest Rates / Move-Up Buyers

Understanding the Benefits of Owning Your First Home

Are you considering buying your first home? If so, it can be helpful to know what led other people to make that decision. According to a recent survey of first-time homebuyers by PulteGroup: “When asked why they purchased their first home recently, the answer was simple: because they wanted to....

Your Home Equity Can Offset Affordability Challenges

For Sellers / Housing Market Updates / Interest Rates / Selling Myths

Your Home Equity Can Offset Affordability Challenges

Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried about this too, know that even though rates...

How Inflation Affects the Housing Market

For Buyers / For Sellers / Housing Market Updates / Interest Rates

How Inflation Affects the Housing Market

Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two. The Relationship Between Housing Inflation and Overall Inflation Shelter inflation is the measure of price...

Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages

Buying Myths / For Buyers / Interest Rates

Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages

If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s happening and why this isn’t cause...

Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

Foreclosures / Infographics / Interest Rates

Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

Some Highlights With ongoing high inflation pushing up everyday costs, some people are worried that’ll create a flood of foreclosures. Here’s why that’s unlikely. Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on...