As home prices continue to rise and affordability becomes one of the biggest hurdles for buyers, a new idea has re-entered the national conversation: the 50-year mortgage. Supports argue that longer terms could ease monthly payments and help more Americans achieve homeownership. Critics warn it could make housing even more ... More
As the leaves change color and Fall begins to set in, the air isn’t the only thing that begins to cool. The real estate market also experiences this seasonal shift. While spring and summer are traditionally considered the “busy season” for home buying and selling, there are actually plenty ... More
When lawmakers can’t agree on a budget in time, a government shutdown can occur, forcing several parts of the government to “close their doors” until funding is restored. When a shutdown begins, Federal departments must furlough (temporarily lay off) nonessential employees and suspend many public services until a funding ... More
Becoming a homeowner means more than just buying four walls and a roof to call your own. Transitioning from renting to owning a home represents an investment in your future and is one of the most exciting financial milestones in life. Before taking the leap, however, it’s important ... More
Imagine your child’s teacher, the police officer next door, or a nurse at your local clinic - all struggling to find home’s they can afford in the community they serve. That’s the “middle housing gap” in action. This sector is often squeezed between low-income subsidized units and ... 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
If you're exploring home financing options, you've likely come across the names Fannie Mae and Freddie Mac. But what exactly are these entities, and how do they impact the mortgage market? Understanding their role can help you navigate the home loan process with greater confidence. More
Buying a home is the largest investment most of us make in our lifetimes, and choosing the right mortgage is one of the most important decisions homebuyers face. Two of the most common options are FHA loans and More
