Over the past several years, many homeowners have seen a significant increase in their home’s value. This rise in value often means a rise in equity—the difference between what you owe on your mortgage and what your home could sell for today. Why...
Economic headlines can be unsettling—especially when they mention a potential slowdown or recession. For homeowners and buyers alike, the natural question is: What does this mean for home prices and mortgage rates? The truth is, history tells a more balanced...
For years, the real estate market heavily favored sellers—homes sold in days, bidding wars were the norm, and buyers had to compete fiercely. But recently, the landscape has shifted. While some areas remain highly competitive, others are experiencing...
Interest rates are the driving force behind shaping the housing market. Most homebuyers take out a mortgage, and interest rates directly affect how much a homebuyer will pay for their mortgage each month. In turn, this ultimately impacts how willing people...
Rising costs across the board have many people asking: Will more homeowners struggle with their mortgages, leading to a spike in foreclosures? While foreclosure filings have increased slightly in recent reports, the data tells a very different story—one...
Many buyers and sellers have paused their moving plans over the past year, often due to low housing inventory, higher prices, and mortgage rate volatility. If that describes you, you’re not alone—conditions recently made it difficult to find the...