Retiring is a significant milestone in life, bringing many changes and new opportunities. As the door to this exciting chapter opens, you may consider selling your house and finding a home better suited for your evolving needs. Fortunately, you may be better positioned to make a move than you realize. Here are a few reasons why. Consider How Long You’ve Been in Your Home From 1985 Continue Reading
Some Highlights Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth. Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates will likely ease Continue Reading
Before you decide to sell your house, knowing what you can expect in the current housing market is essential. One positive trend is that homebuyers are adapting to today’s mortgage rates and getting used to them as the new normal. To better understand what’s been happening with mortgage rates lately, the graph below shows the 30-year fixed mortgage rate trend from Freddie Mac since Continue Reading
You'll want to be strategic when buying a home, especially with today’s affordability challenges. 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 looking closely at their wish list. They are re-evaluating what features they need in their next home to avoid overextending. As a recent NerdWallet Continue Reading
If you’re buying a home this spring, today’s housing market can be challenging. With so few homes on the market right now, plus higher mortgage rates. It’s essential to have a firm grasp of your homebuying budget. You’ll also need a sense of determination to find the right house and act quickly when you go to put in an offer. One thing you can do to help you prepare is to get Continue Reading
What are your homebuying goals, and have you been saving to buy a home this year? If so, you know there are a variety of expenses involved – from your down payment to closing costs. But there’s good news – your tax refund can help you achieve your goals by paying for some of these expenses. SmartAsset estimates the average American will receive a $1,798 tax refund this year. The map below Continue Reading
Wondering if you should sell your home this year? As you make your decision, think about what’s motivating you to consider moving. A recent survey from realtor.com asked why homeowners are considering selling their homes this year. Here are the top two reasons (see graphic below): Let’s break those reasons down and explore how they might resonate with you. 1. I Want To Take Continue Reading
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