Why Today’s Mortgage Debt Isn’t a Sign of a Housing Market Crash

One major reason why we’re not heading toward a foreclosure crisis is the high level of equity homeowners have today.

One major reason why we’re not heading toward a foreclosure crisis is the high level of equity homeowners have today.
Buying your first home in today’s market can feel tough. Between high home prices and mortgage rates, affordability is still a big challenge.
As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what’s ahead.
As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling home prices to ongoing appreciation. But what’s true? What’s most likely…
There’s no doubt that owning a home comes with significant financial benefits.
There’s no denying mortgage rates are having a big impact on today’s housing market.
If you’re taking a look at your expenses as you retire, saving money where you can has a lot of appeal.