Mortgage Rates Down a Full Percent from Recent High

Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability.

Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability.
There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding wars. But those two things have reached a turning point….
Equity is the difference between what your house is worth and what you still owe on your mortgage.
Now that you’ve decided to buy a home and are ready to make it happen, it’s a good idea to plan ahead for the costs that are a typical part of the homebuying process.
Buying a home this spring?
Are you on the fence about whether to sell your house now or hold off?
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.