If you took a peek at a new homeowner’s search history, you’d likely find key terms like, “Home renovations on a budget,” “How much does it cost on average to do A, B, C,” or “Cheap hacks to fix blah, blah, blah…” New homeowner or not, it’s safe to say that anyone who’s has taken […]
Mortgage Rates: Past, Present, and Possible Future
If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of where mortgage rates have been historically compared […]
The 3 Factors That Affect Home Affordability
If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . . with slowly improving affordability and a more optimistic economic […]