Why Home Prices Keep Going Up   If you've ever considered purchasing your own home or selling your current home to upgrade, you're familiar with the emotional rollercoaster that fluctuating home prices can create. It is a story of financial goals, uncertainty, and a touch of anxiety that many have experienced. However, if you put off relocating out of concern that home prices will decline, you should know that they will not. In fact, the opposite is true. National... [read more]

How Changing Mortgage Rates Can Affect You   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 below helps show the general relationship between mortgage rates and a typical monthly mortgage payment: Even a 0.5% change can have a big impact on your... [read more]

Do You Know About the Non-Financial Benefits of Homeownership?   Purchasing and owning a home can have a significant impact on your life. While there are financial reasons to become a homeowner, it is also important to consider the non-financial advantages that make a home more than just a place to live. Here are a few of the most compelling non-financial reasons to purchase a home.   94% respondents of a Fannie Mae survey stated... [read more]

The Return of Normal Seasonality for Home Price Appreciation   One of the most important things you probably want to know right now if you want to move is what's going on with home prices. Home prices aren't going down across the country, despite what you may be hearing in the news. It's just that price rise is starting to return to normal. This is the background you need to fully grasp that trend. There are certain waves that happen every year in the housing... [read more]

Unpack the Long-Term Benefits of Homeownership   If you want to buy a house soon, you might be wondering if it's still a good idea because mortgage rates are going up, home prices are going up, and people are still worried about being able to afford a house. There's more to think about than just those market factors. When you decide to buy a home, you should also think about the long-term rewards. You just have to talk to someone who bought a house 5, 10, or even 30... [read more]