How Do Changing Mortgage Rates Affect You?
The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power.
One Major Benefit of Investing in a Home
Unlock the financial potential of your home with our comprehensive blog on the benefits of home equity. Discover how you can tap into your home's equity to finance home improvements, consolidate debt, and achieve your financial goals.
Simplify Your Life With Downsizing
Whether you're an empty-nester looking to simplify your life, a retiree seeking a smaller, more manageable space, or just someone who wants to reduce their environmental footprint, downsizing can offer a wide range of benefits.
What’s Going On With Home Prices?
As more homeowners are preparing to list their home for the spring housing market, many home buyers are wondering what’s going on with the price of homes. If you’re looking to buy a home this spring here is what you need to know about home prices.
Should I Make Repairs Before Selling My Home?
When getting your home ready to list, making some repairs before putting it on the market could make it more marketable and more valuable, but not all repairs make sense for your local market. Here are somethings to keep in mind when preparing you're home for market.
What You Should Know About Closing Costs
While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard, here’s what you should know about what closing costs are and how much you should budget for.
Number of Homes for Sale Up from Last Year, but Below Pre-Pandemic Years
The biggest challenge in the housing market right now, and likely for years to come, is the lack of homes for sale compared to the number of people who want to buy. So if you’ve been waiting for a good time to sell your home or if you thought you missed your chance, now might be the perfect time.
Experts Forecast a Turnaround in the Housing Market
With the increase of mortgage rates the housing market has seen a lot of changes, but as we move through 2023 there are signs the market might be turning around.
Are Home Buyers Coming Back to the Market?
As Mortgage rates rose last year, activity in the housing market slowed and many home buyers put their home search on hold. Now, however, with rates decreasing buyers are coming back to the market.
What’s Going on with Mortgage Rates?
When buying a home one of the first steps taken in the home buying process is meeting with the a lender you trust. Greg Elliott of World Mortgage Group is the lender our team trusts. We sit with Greg and talk about the recent changes in the Mortgage rates, loan programs, and much more.