What Higher Mortgage Rates Mean for Home Sellers
Higher mortgage rates don't just affect buyers. They can change what it takes to sell your house, too.That's because today's buyers are paying close attention to affordability. And when rates rise, even a relatively small change can make a noticeable difference in their monthly payment. So, they're
Hoping for (or Dreading) a Housing Crash? The Experts Just Weighed In.
Half the buyers out there are scared home prices are about to crash. The other half are hoping they will.A recent survey from Clever found 58% of Gen Z buyers are actually rooting for a crash, just so homeownership feels within reach.So, what do the forecasts actually say?Every quarter, Fannie Mae s
Can You Afford More House With a Larger Down Payment?
A larger down payment can increase a homebuyer’s purchasing power, but the relationship is not as simple as putting more money down and automatically qualifying for a more expensive house. The additional cash reduces the amount that must be borrowed. That can lower the monthly mortgage payment, impr
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