It’s hard to be looking for a home and not be exposed to the fact that interest rates are higher than they have been for decades. The vast majority of headlines around “home affordability” involve interest rates…either as a direct comparison of your diminished buying...
The Good. As a buyer, lower interest rates mean a lower monthly payment for the same loan amount. For example, at today’s rates versus what they were earlier this year, you would save roughly $200/month on conventional loans. On government-backed loans...
Even casual followers of the real estate market and industry are undoubtedly aware of the changes slated for mid-August 2024 regarding commissions and how agents are paid. But, in case you haven’t heard, changes are afoot. The news regarding the changes were...
