Hope Is on the Horizon for Today’s Housing Shortage
The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy.
In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price
For generations, the process of buying and selling a home never really changed.
How Misunderstandings About Affordability Could Cost You
There’s a lot of discussion about affordability as home prices continue to appreciate rapidly.
Buying a Home Is Still Affordable
The last year has put emphasis on the importance of one’s home.
Don’t Forget to Budget for Closing Costs
When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses.
The Power of Mortgage Pre-Approval [INFOGRAPHIC]
![The Power of Mortgage Pre-Approval [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2021/05/06100138/20210507-NM.png)
Some Highlights
- Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow.
- Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and a competitive edge in a bidding war.
- In today’s market, connecting with a lender to get pre-approved may be the game-changer that helps you secure your dream home.
Should I Buy Now or Wait? [INFOGRAPHIC]
![Should I Buy Now or Wait? [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2021/04/29145529/20210423-NM-1.png)
Some Highlights
- If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again.
- Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates.
- 8Buying a home now means you’ll spend less in the long run. Contact a local real estate professional to put your plans in motion before home prices and mortgage rates climb even higher.
Patience Is the Key to Buying a Home This Year
The question many homebuyers are facing this year is, “Why is it so hard to find a house?”
How Much Time Do You Need To Save for a Down Payment?
One of the biggest hurdles homebuyers face is saving for a down payment.
Is Homeownership Still Considered Part of the American Dream?
Since the birth of our nation, homeownership has always been considered a major piece of the American Dream.
2021 Real Estate Myth Buster [INFOGRAPHIC]
![2021 Real Estate Myth Buster [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2021/03/25110612/20210326-NM.png)
Some Highlights
- There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape.
- Here’s a little clarity when it comes to 5 common myths about the 2021 housing market.
- With these busted myths in hand, be sure to also work with a trusted real estate advisor so you can decipher local facts from fiction along the way.
Why You Should Think About Listing Prices Like an Auction’s Reserve Price
For generations, the homebuying process never really changed.
What Credit Score Do You Need for a Mortgage?
According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February.
How Upset Should You Be about 3% Mortgage Rates?
Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July.
How Smart Is It to Buy a Home Today?
Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated.
What Are the Benefits of a 20% Down Payment?
If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment.
Are There Going to Be More Homes to Buy This Year?
If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone.
The Reason Mortgage Rates Are Projected to Increase and What It Means for You
We’re currently experiencing historically low mortgage rates.
47% of New Buyers Surprised by How Affordable Homes Are Today
Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans.
3 Reasons We’re Definitely Not in a Housing Bubble
Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year.
Do I Really Need a 20% Down Payment to Buy a Home?
Is the idea of saving for a down payment holding you back from buying a home right now?
Want to Build Wealth? Buy a Home This Year.
Every year, households across the country make the decision to rent for another year or take the leap into homeownership.
What’s the Difference between an Appraisal and a Home Inspection?
If you’re planning to buy a home, an appraisal is an important step in the process.
Financial Fundamentals for Homebuyers [INFOGRAPHIC]
![Financial Fundamentals for Homebuyers [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2021/01/21113622/20210122-NM.png)
Some Highlights
- When you’re thinking about buying a home, there are a few key steps to take before you even start to look at houses.
- From saving for your down payment to getting pre-approved for a mortgage, you’ll want to make sure you keep your financial plan on track from the beginning.
- Reach out to a local real estate professional and a trusted lender today to make sure you have the best possible guidance as you begin your homebuying process.
Owning a Home Is Still More Affordable Than Renting One
If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone.
