by Gracia Eisman | Sep 10, 2024 | Affordability, Buyers, Buying Tips, Mortgage Rates
Since the supply of homes for sale is growing and mortgage rates are coming down, you may be thinking it’s finally your moment to jump into the market. To make sure you’re ready, you need to get pre-approved for a mortgage. That’s when a lender looks at your finances,...
by Gracia Eisman | Aug 26, 2024 | Affordability, Mortgage Rates
You won’t find anyone who’s going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years. But there is hope on the horizon. Rates have actually started to come down. And, recently they hit the lowest point we’ve seen...
by Gracia Eisman | Aug 13, 2024 | Affordability, Buyers, Mortgage Rates
Over the past couple of years, a lot of people have had a hard time buying a home. And while affordability is still tight, there are signs it’s getting a little better and might keep improving throughout the rest of the year. Lawrence Yun, Chief Economist at...
by Gracia Eisman | Jul 22, 2024 | Affordability, Buyers, Buying Tips
There’s an interesting trend happening in the housing market. People are increasingly moving to more affordable areas, and remote or hybrid work is helping them do it. Consider Moving to a More Affordable Area Today’s high mortgage rates combined with continually...