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Here’s something most homebuyers don’t think about. When the housing market slows down, homeowners and builders don’t always respond the same way. Think about it. If you’re selling your house and aren’t getting the offers you want, you could make the choice to take it off the market and stay ...
When mortgage rates climb, buying a home can start to feel like trying to hit a moving target. Every jump in rates makes monthly payments bigger, and that pushes a lot of buyers to look for another way in. More and more of them are finding it in the adjustable-rate ...
Selling your house is a big step, and you want it to go smoothly. And with houses taking a little longer to sell these days, renting it out might start to sound like a nice backup plan. But the reality is, while renting can work well for some people, it’s ...
When you picture buying your first home, chances are you’re imagining a traditional single-family house with its own yard, maybe a garage, and little extra room to grow. But with affordability still tight, getting everything on that list right away may come with a higher price tag than you’re comfortable ...
Mortgage rates being back above 7% isn’t exactly the news most people wanted. But it’s changing the market in ways that matter whether you’re buying or selling. The number of homes for sale is growing faster than it was this time last year. And interestingly, the main reason isn’t a ...
Everyone wants a lower mortgage rate. That is not a controversial statement. When rates go down, monthly payments go down. When payments go down, you qualify for more home, or you have more cash left over every month. Lower is better — in isolation. The problem is that buyers who ...