Mortgage rates being back above 7% isn’t exactly the news most people wanted. But it’s changing the market in ways that matter whether you’re buying or selling. The number of homes for sale is growing faster than it was this time last year. And interestingly, the main reason isn’t a ...
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Good news if you’re house hunting: the asking price may not be the final word. Right now, about 60% of homes are selling below their original asking price. With budgets stretched thin, a little give on price or terms can take some pressure off your wallet. But how much you ...
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For a lot of first-time buyers, owning a home can feel perpetually a few years out of reach. Saving for a down payment takes time, and each year you spend renting can make owning feel further off. But buying your first home doesn’t have to happen to feel like a ...
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If you’re worried about the size of mortgage payments, you’re not alone. With the median home price over $400,000, your mortgage is likely to be your biggest monthly expense. Let’s take a look at a real-life example. With a home price of $400,000 and a down payment of $20,000, you’d ...
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