What to Expect from the Housing Market in 2025: A Consumer’s Guide
As we step into 2025, the housing market remains a hot topic. While last year brought some major challenges, many of those trends are expected to carry over into the new year. Here’s a simple breakdown of Fannie Mae’s key predictions for the housing market in 2025—and what they might mean for you. Mortgage Rates […]
Mortgage Rates Are Low – Is It Time to Refinance?
Did you hear? Mortgage rates are at a 15-month low right now, and with the Fed cutting rates, they might drop even more. If you’ve been thinking about refinancing your mortgage, this could be a great time to do it and save some money. But before jumping in, let’s break down how to figure out […]
Two Key Factors that Impact Mortgage Rates
If you’re in the home-buying market, you’re probably keeping a close eye on mortgage rates. These rates have been on a wild ride in recent years, hitting historic lows, surging, and now gradually coming back down. But what’s driving these fluctuations? The answer is rather complicated, as multiple factors influence mortgage rates, however, here are […]
What You Should Know About Closing Costs
A lot of financial planning and consideration goes into purchasing a home. While the most obvious monetary consideration is how much a borrower might need to save for a down payment, it is also important to plan ahead for other closing costs they have to pay. To ensure you aren’t caught off guard when it’s […]
What’s Going on with Home Prices? Ask a Professional (That’s Me!).
If you’re one of the millions of people considering buying or selling a home in the coming year, you likely have questions about home pricing and what you should expect as the housing market continues to cool from the 2021 craze. Although experts don’t expect housing prices to come crashing down, price adjustments will depend […]