Are You Stuck in the 'Wait and See' Trap? Many prospective buyers are currently holding their breath, waiting for mortgage rates to dip just below 6%. The logic is simple: who wouldn't want a better rate? While seeking optimal home affordability is smart, this "wait and see" approach is often based on a misunderstanding of the current housing market dynamics. That small rate drop you’re hoping for might not save you as much as you think—and waiting for it could cost you fa

Mortgage rates have been the monster under the bed for a while. Every time they tick up, people flinch and say, “Maybe I’ll wait.” But here’s the twist. Waiting for that perfect 5-point-something rate could end up haunting your wallet later. The Magic Number According to the National Association of Realtors (NAR): “. . . a 30-year fixed rate mortgage of 6% would make the median-priced home affordable for about 5.5 million more households—including 1.6 million renters. If r

If you paused your plans to move because of high rates or prices, it may finally be time to take a second look at your numbers. Affordability is improving in 39 of the top 50 markets, according to First American. And that’s the 5th straight month where buying a home has started to get a little bit easier. Let’s break this down into real dollars, so you can see the difference this could make for you (and your move). Monthly Payments Are Coming Down One of the clearest signs

When it comes to buying a home, one of the biggest questions people ask is: “How much do I need for a down payment?” It’s an important...

You want mortgage rates to fall – and they've started to. But is it going to last? And how low will they go? Experts say there’s room for...

A recent survey from Bank of America asked would-be homebuyers what would help them feel better about making a move, and it’s no...

If you’re still worried about having to deal with a bidding war when you buy a home, you may be able to let some of that fear go. While...

If you tried to buy a home a few years ago, you probably still remember the frenzy. Homes were listed one day and gone the next....

Not every homebuyer wants the biggest house on the block. Some want something simpler, more affordable, and easier to maintain,...

Buying a home is exciting… until you start thinking about the down payment. That’s when the worry can set in. “I’ll never save enough.”...

According to Fannie Mae , 90% of buyers don’t actually know what credit score lenders are looking for, or they overestimate the minimum...

Are you looking for better home prices, or even a lower mortgage rate? You might find both in one place: a newly built home. While many...

Over the past few years, affordability has been the biggest challenge for homebuyers. Between rapidly rising home prices and higher...

Buying your first home is a big milestone – and the right support is going to make it a whole lot easier. Because while this process...

When it comes to buying an older home in the Bay Area, many buyers think the hardest part is finding a property they like—and once that’s...

If you’ve been putting off buying a home because you thought getting approved would be too hard, know this: qualifying for a mortgage is...

Remember the chatter in the headlines about all the homes big institutional investors were buying? If you were thinking about buying a...

Multi-generational living is on the rise. According to the National Association of Realtors (NAR), 17% of homebuyers purchase a home to...

Life can feel a bit unpredictable these days. What’s happening with inflation? The economy? The housing market? But in the middle of all...

If you’re a first-time homebuyer, you might feel like the odds are stacked against you in today’s market. But there are resources and...