In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important.
Price appreciation will slow from the double-digit levels the market has seen over the last two years. However, experts believe home values will not depreciate (where a home would lose value).
You may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what does that really mean, and why is it so important?
Moving can improve your mental health! An Assistant Professor at New York University’s Department of Psychology has co-authored a new study that says "people feel happier when they have more variety in their daily routines—when they go to novel places and have a wider…
A recent survey by Redfin revealed that 77 percent of consumers believe we're in a housing bubble. However, there are four factors which are different now than they were fifteen years ago.
Sellers can expect multiple offers and short marketing periods; and high selling prices for nearby properties can increase an owner's equity substantially, should they wish to pursue a cash-out refinance. The strong leasing market might also encourage some to become…
While it’s true home prices and mortgage rates are rising, so are monthly rents. As a prospective buyer, rising rates and prices shouldn’t be enough to keep you on the sideline, though. As the chart above shows, rents are skyrocketing. The big difference is, when you…
According to Opendoor.com, the number one most desirable zip code for homebuyers is in Clarksville, Tennessee; while the number two most desirable zip code is on Leander, Texas. Want to guess what the number three zip code is? 77494-- right here in Katy!
