With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today. And if you’re thinking of selling your house, it’s important to understand how the market has changed and what that means for you. The best way to make sure you’re in the know is to work with a trusted housing market expert.Here are five reasons working with a professional can ensure...
There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of buying a home are important, the non-financial and emotional reasons are too.Home means something different to all of us. Whether it’s sharing memories with loved ones at the kitchen table or settling in to read...
While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for your home loan.Don’t Deposit Large Sums of CashLenders need to source your money, and cash isn’t easily traceable. Before you deposit any...
There are many financial benefits to owning a home. According to the 2022 Consumer Insights Report from Mynd, most people view homeownership as a key life achievement. Owning a home can be a powerful wealth-building tool, as it provides financial stability that renting does notThe Financial Benefits of Owning a HomeWhen you own a home, your monthly housing payments are locked in for the length of your...
Some HighlightsVA Loans can help make homeownership possible for those who have served our country.These loans offer great benefits for eligible individuals and can help them buy a VA-approved house or condo, build a new home, or make improvements to their house.Homeownership is the American Dream. One way we can honor and thank our veterans is to ensure they have the best information about the...
If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. If you’re willing to work with a trusted agent to consider a newly built home, you may have even more options and incentives than you realize. That may be why the National Association of Home Builders (NAHB) says the share of buyers...
Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending standards in this housing cycle have been much tighter and homeowners have historically high levels of home equity,...
For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand this program and its benefits. Here are some things you should know about VA loans before you start the homebuying process. What Are VA Loans? VA home loans provide a pathway to homeownership...