Mortgage Rates Are at Their Lowest in a Year According to Freddie Mac, mortgage rates have dropped by more than half a percent since January 2025. This brings them to their lowest levels in nearly a year. Thatās great news for buyers and homeowners, but thereās a...
What Is a Refinance? A refinance is when you replace your current home loan with a new oneāsimilar to trading in a car for a newer model. The new loan pays off the old loan, and you start fresh with updated terms. There are two main types of refinancing: Rate-and-Term...
Interest Rates May Remain Elevated No one can predict the exact path of interest rates. However, two major forces may keep them higher than many expect. Inflation Risks.Ā Inflation reports still show elevated prices. When tariffs (taxes on imported goods) increase,...
The Restaurant Effect: More Choice Means More Opportunity š½ļøš” Ever notice how the best restaurants are often right next to other restaurants? Thatās because more options attract more customers. The same is true in real estate. Housing inventory has now returned to...
š Rents Are Still Climbing Rents have gone upĀ 30%Ā since before the pandemic, according to recent data fromĀ Cotality, a housing analytics firm. Thatās a huge jumpāand the increases havenāt stopped. Today, average rents are still rising aboutĀ 3% per year, and in some...
Why This Matters If you’ve been watching the news or checking prices at the store, you’ve probably noticed: things cost more than they used to. Thatās inflationāand it impacts more than just groceries. It can also affect the value of your home and your...
