The past several years of housing boom, spurred on by the lowest mortgage rates in history and record-setting home demand, have likely seen their end. As U.S. inflation reached uncomfortable levels of inflation by early-2022, potential buyers started pull
Buying a home is one of the biggest and most important financial decisions most people will make in their lifetimes. It is no wonder then that people want to be sure they are truly ready for the purchase. Here is a list of 6 ways to know that you have suf
With today’s rising interest rates and high home prices, buying a home takes some planning and forethought. Mistakes can be costly, like getting a mortgage higher than you can afford or getting stuck in a neighborhood or house you actually don’t like. Her
According to a recent report from Redfin, as of October 2022, in order to afford a “typical home” with the median monthly mortgage payment of $2,682, a buyer would need to earn at least $107,281 to be able to afford the loan. While prices may have slowed
If you are venturing into the world of rental properties, it's time to learn the ins and outs of non-owner-occupied mortgages. This is a special type of home loan for a property you buy but do not intend to live in. There are a few differences you need to
If you’re ready to buy a home, before you even start going to see properties, it is a good idea to obtain a preapproval letter from your mortgage lender. Especially in a competitive housing market, sellers will take you more seriously if they see you alre