Many homebuyers wonder if they should wait for lower mortgage rates. Mortgage rates have already dropped into the upper 5% range twice this year, only to tick back up into the low 6% range shortly after. If you saw that and thought, “Great, I missed it,” you’re not alone. A lot of buyers are treating […]

What if you didn’t have a mortgage payment on your next home? For many repeat home buyers, that’s not as unrealistic as it sounds. Nearly 3 in 10 homes purchased today are bought in cash, according to the National Association of Realtors (NAR). That’s far more than the pre-pandemic norm (see graph below): So, how are so many repeat home […]

There’s one decision you’re going to make when you sell that determines whether your house sells quickly or sits on the market. Whether buyers make an offer or scroll past, and whether you walk away with the maximum return or end up cutting the price later. That decision is your asking price, and it plays […]

Home equity is one of the most powerful financial tools homeowners have today. You may have heard that many homeowners have built up a significant amount of home equity in recent years, but what does that really mean? Let’s break it down. Because your equity isn’t just a number, it’s a powerful asset that can […]