Before you decide to sell your house, it’s important to know what you can expect in the current housing market. One positive trend right now is homebuyers are adapting to today’s mortgage rates and getting used to them as the new normal.

To better understand what’s been happening with mortgage ...

If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. 

But, there’s one thing that’s historically a good indicator ...

You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help prove it.

Every month, the ...

Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions: 

1. Why Are Mortgage ...

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination ...

The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power.

The chart ...

As mortgage rates rose last year, activity in the housing
market slowed down. And as a result, homes started seeing fewer offers and
stayed on the market longer. That meant some homeowners decided to press pause
on selling.

Now, however, rates are beginning to come down—and buyers
are starting to ...

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result ...

This past year, rising mortgage rates have slowed the
red-hot housing market. Over the past nine months, we’ve seen fewer homes sold
than the previous month as home price growth has slowed. All of this is due to
the fact that the average 30-year fixed mortgage rate has doubled ...

Now that the end of 2022 is within sight, you may be
wondering what’s going to happen in the housing market next year and what that
may mean if you’re thinking about buying a home. Here’s a look at the latest
expert insights on both mortgage rates and home ...