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 ...
Continue ReadingFor 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 ...
Continue ReadingIf 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 ...
Continue ReadingHigher mortgage rates don’t just affect buyers. They can change what it takes to sell your house, too. That’s because today’s buyers are paying close attention to affordability. And when rates rise, even a relatively small change can make a noticeable difference in their monthly payment. So, they’re looking for ...
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