The Drop in Mortgage Rates Brings Good News for Homebuyers
Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome news. Fr
What Does an Economic Slowdown Mean for the Housing Market?
According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their tools and influence to slow down
How Today’s Mortgage Rates Impact Your Home Purchase
If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on the
Categories
- All Blogs (659)
- Affordability (16)
- Agent Value (27)
- Baby Boomers (8)
- Buyers (437)
- Buying Myths (117)
- Buying Tips (49)
- Credit (3)
- Demographics (32)
- Distressed Properties (6)
- Down Payment (23)
- Downsize (2)
- Economy (16)
- Equity (12)
- Family (2)
- Featured (8)
- First Time Homebuyers (211)
- For Sale by Owner (1)
- Forecasts (7)
- Foreclosures (28)
- FSBOs (11)
- Gen X (1)
- Gen Z (5)
- Home Improvement (2)
- Home Prices (37)
- Housing Market Updates (231)
- Interest Rates (70)
- Inventory (30)
- Investing (6)
- Kids (2)
- Leasers (6)
- Lenders (4)
- Loans (8)
- Luxury Market (3)
- Market (3)
- Millennials (9)
- Mortgage (18)
- mortgage rates (31)
- Move Up Buyers (84)
- New Construction (13)
- Pricing (95)
- Rent v. Buy (36)
- Self-Employed (1)
- Sellers (292)
- Selling Myths (87)
- Selling Tips (40)
- Senior Market (1)
Recent Posts
