You’ve probably heard the Federal Reserve (the Fed) is raising rates again. And if you’re planning to buy or sell a house, you may be wondering what that means for you. With all the headlines, it’s easy to think the Fed sets mortgage rates. That’s actually a common myth. But ...
Continue ReadingGood 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 ...
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