Category: homeownership costs and benefits
Key takeaways: If you have the means, now may be a good time to buy a house. The median U.S. home sale price hit $435,000 in October, following 16 months of year-over-year gains. Daily average mortgage rates topped 7% and... Read More
Key takeaways: The Fed just lowered their interest rate benchmark by 0.5%, which may be good news for homebuyers waiting for lower mortgage rates. If you want to beat the competition, now is a great time to buy a house. Daily average mortgage rates... Read More
When it comes to finding the right balance between saving, spending, and investing, one of the biggest questions many people face is how much of their income should be allocated to their mortgage. It’s a decision that impacts your overall financial health and well-being. While there’s no... Read More
Key takeaways: If you want to beat the competition, now is a great time to buy a house. Daily average mortgage rates hit a 14-month low of 6.34% on Monday, giving buyers thousands of dollars in buying power. Don’t wait to... Read More
Congratulations on closing on your new home. Whether you just bought a condo in Miami, FL or a single family home in Seattle, it’s natural for it to take some time for your new space to... Read More
Fires are becoming increasingly frequent and destructive across the nation, particularly along the West Coast. Your homeowners insurance usually includes fire insurance, safeguarding against all accidental blazes. However, the specifics of your coverage can vary depending on where you live, especially if... Read More
Homelessness and access to homeownership is a serious issue across the U.S. today. As noted by the YWCA “in 2019, there were 219,911 women alone who experienced homelessness. That’s 39% of all homeless individuals” at the time. Since then, our country has experienced a pandemic and interest rate hikes only... Read More
When it comes to finding a place to live, one of the biggest decisions you’ll have to make is buying vs renting a condo. This decision is particularly important depending on where you move. For example, in cities like Charlotte,... Read More
If you’re struggling to afford a home, you’re not alone. In the past five years, home prices have risen by over 60% due to increased demand and a shortage of homes. Rent prices have also increased dramatically year over year — an... Read More