Posts Tagged ‘housing affordability’
What Lower Mortgage Rates Mean for Your Purchasing Power
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 More2023 Housing Market in Review: Looking Back on a Rough Year for Buyers
Kevin Brierton – 1.5.2024 Things are finally turning around for the better as far as housing is concerned – and it looks like they might actually stay that way this time! Mortgage rates have continued to drop over the last couple of weeks, and we are now in the ninth consecutive week of improvement. The…
Read MoreThinking About Buying a Home? Ask Yourself These Questions
Kevin Brierton – 1.3.2024 If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, the list goes on and on. Most likely, home prices and mortgage…
Read MoreAffordable Homeownership Strategies for Gen Z
Kevin Brierton – 10.26.2023 The idea of owning a home has always been a big part of the American Dream. It’s a symbol of stability, independence, and having a place to truly call your own. But for Gen Z, the “Zoomers” born between 1997 and 2012, making that dream a reality can feel like quite…
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