The current U.S. weekly average for mortgage rates on a 30-year loan as of 10/29/2029 is 7.24%. Like most homebuyers, you probably find these high mortgage rates discouraging. ... More
Selling your home is a big step, and it's natural to wonder what happens to the mortgage you've been paying all these years. Does it just disappear? Where does your money go at closing? And how much will you walk away with? These are good questions, and you deserve clear ... More
You’ve found a home that feels right. There’s just one problem keeping you up at night: most of your money is tied up in the house you already own. So how are you supposed to buy the next one before you sell this one? If that sounds familiar, ... More
Homeownership can feel out of reach for some, but the money needed to close doesn’t always have to come entirely from your savings. Depending on your loan program, you may be able to combine gift funds, down payment assistance, retirement withdrawals, or loans, seller contributions, and low-down-payment loans to ... More
For many homeowners, the equity they’ve built up in their home can be used as a valuable financial asset. As property values increase and mortgage balances decrease, home equity grows as a valuable tool that can help unlock new opportunities. Whether you’re looking to renovate your home, consolidate ... More
Millions of homeowners locked in mortgage rates between 2% and 4% during 2020-2022, so many are choosing to stay put rather than trade up to a higher rate. This has tightened housing inventory. Buyers face fewer options and more competition, but with preparation, flexibility, and the right financing, homeownership is still within ... More
Many buyers associate purchasing a home with getting a new mortgage. You find a property, apply for a loan, and lock in whatever rate the market is offering that day. But there’s another path that’s worth knowing about: the loan assumption. A loan assumption (when available) allows ... More
If you’ve ever Googled something at 11p.m., just to avoid feeling unprepared, you get the appeal of AI. It doesn’t judge you for not knowing what “escrow” means, it’s available whenever you need it, and it’ll explain the same concept five different ways until it ... More
