3 Key Factors Affecting Home Affordability

By Kevin Brierton Team | January 18, 2024
A group of people laughing together at an event.

Kevin Brierton – 1.18.2024 Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak in October. But there’s more to being able to afford a home than…

Read More

What Lower Mortgage Rates Mean for Your Purchasing Power

By Kevin Brierton Team | January 8, 2024
A yellow calculator sitting on top of a table.

Kevin Brierton – 1.8.2024 If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac (see graph below): This recent trend is…

Read More