If you’re following the housing market, you may have heard the term “silver tsunami” lately. It’s the idea that millions of homes owned by older Americans could come onto the market as more homeowners reach retirement age and make their next move. And when you hear a phrase like that, ...
Continue ReadingWhen it comes to housing, two of the biggest questions on everyone’s mind right now are: What’s next for mortgage rates? Where will home prices go from here? And if you’re weighing whether to move in the next few months or wait until 2027, here’s what you should know. When ...
Continue ReadingThe recent jump in mortgage rates cut about $22k from what a buyer with a $2,000 monthly budget can spend. But you can win most of that back at the negotiating table. More than 4 in 10 homes for sale have had a price cut. And the typical cut is ...
Continue ReadingWhen you’re planning a move, every monthly cost counts. That’s why it can be frustrating to see home insurance keep creeping up. According to Intercontinental Exchange, it now makes up 9.6% of the average monthly mortgage payment. But the latest numbers show some progress on that front – as the ...
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