Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow.
The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale.
At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year.
This year, mortgage rates have started to slowly climb above recent record-breaking lows.
The financial benefits of buying a home as compared to renting one are always up for debate.
One of the biggest hurdles homebuyers face is saving for a down payment.
A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters.
There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program.
Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report.
With so many buyers looking for homes to purchase and so few houses available today, there’s a substantial increase in bidding wars, and homes are selling fast.
Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash.
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