Buyer energy has returned to the market with benchmarks showing mortgage rates hitting some of their lowest levels since September in the past week. While they have ticked up again over the past few days, reflecting continued rate volatility in the market, some signs show that buyer optimism has renewed.
January is looking brighter for homebuyers Newly released data shows the Consumer Price Index (CPI) rose 6.5% annually, reflecting a dip in the inflation we’ve seen over the past year. While inflation remains elevated, this marks two months of positive…
Looking ahead to 2023. What homebuyers should know as 2022 comes to a close.
Inflation shows some improvement, but how does it impact homebuyers?
Experts look ahead to 2023, but conditions are tough to predict Heading towards the end of the year, we’re seeing a lot of discussion around home prices, along with projections on where they may be headed in the coming…
The market is changing quickly, as the Fed raises rates again. What to do: focus on Affordability, don’t panic, know your options.
Rates rise again, but volatility remains a constant Even as competition and inventory constraints loosen things up a bit, rising rates have kept affordability a challenge for buyers. We’ve seen significant volatility recently, not just in the wake of…
July 29, 2022. The new normal. We saw new data from the National Association of Realtors that purchase contracts dropped by 8.6% in June – the lowest since 2011. We also saw the Federal Reserve raise interest rates again in a continued effort to curb inflation.
What does affordability mean to you? A list of the “Top 10 Affordable Cities for Middle-Class Homebuyers” certainly sounds promising for homebuyers chasing affordability – but what does that actually mean?
Homeownership is an enduring component of the American Dream – a benchmark Americans have measured success and well-being against for years. June marks the celebration of National Homeownership Month (NHM), dedicated to honoring those notions and celebrating the ways homeownership benefits families and communities across America.
From day one, we’ve strived to give homebuyers a single point of access to the mortgage market. So we’re excited to share significant progress toward that vision with the expansion of Morty’s product offerings and coverage area! Homebuyers can…
March 25, 2022. I’ll share my take on what’s happening in homebuying. My goal is to cut through the noise and share takeaways to help you to make informed decisions.
Hoping to add a few dollars to the selling price of your current home? Then it might be time to break out the rollers, brushes, and painter’s tape. According to a recent study by the folks at Zillow, painting…
You’re almost there, future homeowner! You’ve made a successful offer and sorted out your financing. Your future home appraised well, and it cleared a title search. Now, it’s time for your final walkthrough: one last look around before you…
If you are considering purchasing a home in 2022, you are undoubtedly dreaming of features that are important to you. As more Millennial buyers move into the market and seek out their first space, the housing market is experiencing…
About 61% of American households have pets. Last year, American pet owners spent nearly 70 billion dollars on goods and services for their pets. If you’ve got a pet, chances are good that you consider your pet an important…
Some people think that Millennials—the generation born roughly from 1981 to 1997—are destined to live at home with their parents forever, or at least, long after graduating from college and securing full-time jobs. As recently as 2015, Millennials were…
Plenty of individuals depend on tips to support some or all of their earnings. This trend is especially prominent in the service and hospitality sectors, where millions of Americans work and rely on gratuities as a significant part of…
In the popular imagination, Millennials live in big city apartments or occupy their parents’ basements rent-free. But in fact, members of the Millennial cohort—that generation of young adults born roughly between 1980 and 1998—bought more homes last year than…
Summer may be the busiest home buying season, but it’s not necessarily the best time of year to buy a home. Sure, there are lots of houses on the market in the summer. But if you spent your summer…