Buying and owning your own home can have a big impact on your life.

Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change? If you’re thinking about selling your house, you have a lot to consider.

According to the experts, home prices are expected to grow over the next five years at a more normal pace.

To understand where mortgage rates may be going, it’s helpful to look at where they’ve been in the past.

With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallupshows the answer is yes. In fact, real estate was voted the best long-term investment for the 11th consecutive year, consistently beating other investment types like gold, stocks, and bonds.

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If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage.

Some Highlights

• If you’re looking to buy a home, you should know even a small change in mortgage rates has an impact on your purchasing power.
• These charts show how rates generally affect your monthly payment.
• The best way to navigate changing mortgage rates and make an informed buying decision is to rely on the expertise of a local real estate professional and mortgage
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If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve

If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging.

If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed.

Wondering if you should continue renting or if you should buy a home this year? If so, consider this.

You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house.

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic.

The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring.