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Realtor.com February Housing Report: Housing Inventory Recovery Continues, Giving Buyers More Options
The U.S. supply of homes for sale rose at a record annual pace for the sixth month in a row, up 67.8% year over year in February, signaling the housing market's continued rebalancing, according to the Realtor.co Monthly Housing Trends Report. Despite the significant...
This Is How Much House Dave Ramsey Says You Can Afford to Buy
Source: Nasdaq --- When you're buying a house, you need to set a realistic budget. But it can sometimes be hard to figure out how to do that. While it may be tempting to allow the bank to just look at your finances and tell you how large your mortgage loan can be,...
Additional Reading: Realtor Tools & Insights
Good news for homebuyers: The housing market is showing signs of ‘normalizing’
Source: Market Watch --- The housing market is showing signs of ‘normalizing,’ according to a new report. The latest monthly report by Realtor.com, which tracks the housing market as of December, said that the number of home listings were growing and were also...
4 Mortgage Mistakes You Absolutely Can’t Afford With Rates so High
Source: The Ascent --- While mortgage rates dropped to record lows during the pandemic, things have changed in recent months. Rates have crept up steadily and mortgage loan rates are now higher than they've been for many years. With today's mortgage rates coming in so...
15-year mortgages – back in the spotlight but are they the right choice?
Source: MPA Mag --- With interest rates rising in light of inflation, some would-be homeowners are eyeing 15-year mortgages in lieu of the traditional 30-year variety to build equity quicker. But one industry veteran urges caution against the option unless one is...
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