How Much Buying Power Do You Lose When Mortgage Rates Rise?
Mortgage rates can change a homebuyer’s budget faster than home prices do. A buyer who comfortably qualified for a certain price range a few months ago may discover that the same monthly payment now supports a substantially smaller mortgage, even if their income, credit and down payment have not cha
Two Moves That Can Get You Into Your First Home Sooner
For a lot of first-time buyers, owning a home can feel perpetually a few years out of reach. Saving for a down payment takes time, and each year you spend renting can make owning feel further off.But buying your first home doesn’t have to happen to feel like a far away goal. Two choices you control
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
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