Which Mortgage is Right for You?
There are several types of mortgages available for homebuyers in 2023. Not sure which is right for you? Let’s check out the options. Conventional mortgagesConventional mortgages are the most common type of mortgage. You can get this type of loan at almost any mortgage lender, and the requirements ar
Inflation Is Slowing. What’s Next for Mortgage Rates?
With inflation and the housing market dominating economic headlines, it’s important to understand how they go hand-in-hand. When the rate of inflation is too high, the Federal Reserve takes action by raising the key interest rate. As a result, borrowing money becomes more expensive—and interest rate
Mid-Year Home Price Predictions from the Experts
Last week, the Fed announced that it would lift its pause on interest rate hikes, raising rates by 25 basis points (0.25%). The current rate is the highest it’s been since March 2001. This move is a further attempt at directing the economy toward a “soft landing,” or a gradual slowdown that curbs in
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