Foreclosure Activity Is Still Lower than the Norm. Have you seen headlines talking about the increase in foreclosures in today’s housing market? If so, they may leave you feeling a bit uneasy about what’s ahead. But remember, these clickbait titles don’t always give you the full story. The truth is, if you compare the current […]
Experts Project Home Prices Will Increase in 2024
Experts Project Home Prices Will Increase in 2024. Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every […]
2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers
2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers. If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for […]
What Lower Mortgage Rates Mean for Your Purchasing Power
What Lower Mortgage Rates Mean for Your Purchasing Power. If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, […]
Expert Quotes on the 2024 Housing Market Forecast
Expert Quotes on the 2024 Housing Market Forecast. If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024. In 2023, higher mortgage rates, confusion over home price headlines, and a lack of homes for sale created some challenges for buyers and sellers looking to make a move. But […]