After weeks (or even months) of house hunting, negotiations, and paperwork, the real estate closing is the final step in becoming a homeowner. Here is what you can expect on closing day. The closing typically takes place at a title…
If you’re thinking about buying investment properties, you’re taking a great step toward building long-term wealth. While it can seem daunting at first, there are clear strategies to get started. Here are five ways to begin your journey into real…
A few years ago, during the pandemic, many people wanted larger homes. Buyers needed space for home offices, gyms, and extra rooms for kids learning online. Builders responded by creating bigger homes to meet those needs. Today, the market looks…
Are you eyeing the housing market because you’ve noticed more homes for sale and falling mortgage rates? If you’re thinking about buying a home, getting pre-approved for a mortgage should be at the top of your list. Pre-approval involves a…
The Federal Reserve recently announced a reduction in its benchmark short-term federal funds rate by 0.5%, marking the first such cut in four years. While this news might sound like all borrowing costs will tumble—including mortgage rates—it’s important to understand…
Fluctuations in mortgage rates can significantly impact the housing market. Recently, there has been a drop in rates, and this change brings both opportunities and challenges for buyers, sellers, and industry professionals alike. For potential homebuyers, a drop in mortgage…
Starting your journey to secure a mortgage can unexpectedly open the floodgates to calls, emails, and letters from various mortgage lenders. This overwhelming influx is often due to something called “mortgage trigger leads.” If it feels like your personal information…
Home prices have been on the rise, and this trend can significantly impact your ability to buy a home. Buyers often feel priced out of their desired neighborhoods or are concerned about stretching their budget. It’s essential to understand how…
As we approach the next Federal Reserve (Fed) meeting scheduled for September 17-18, 2024, it’s crucial for both current homeowners and potential buyers to understand how this could influence mortgage rates. Here, we simplify what a potential rate cut means…
If you’ve been keeping an eye on the housing market the last few years, you likely already know how much the mortgage rates have significantly impacted the industry. Many people (maybe yourself included) have found it extremely challenging to afford…
