Take Away: “Living in one place for a longer amount of time creates an obvious sense of community pride, which may lead to more investment in said community.” Some Highlights While there are many financial perks to owning a home, there are also powerful non-financial benefits to consider if you’re thinking about making […]
You may have resources you haven't thought about: Home Equity: A Source of Strength for Homeowners Today
Takeaway: CoreLogic analysis shows U.S. homeowners with mortgages (roughly 63% of all properties*) have seen their equity increase by a total of over $3.6 trillion since the second quarter of 2021, a gain of 27.8% year over year. Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and […]
Before you buy, be sure to read the VA Home Loan Buyer's Guide: VA Loans Can Help Veterans Achieve Their Dream of Home Ownership
Take Away: VA helps Servicemembers, Veterans, and eligible surviving spouses become homeowners. As part of our mission to serve you, we provide a home loan guarantee benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy. For over 78 years, Veterans Affairs (VA) home […]
Talk to an expert Mortgage Broker or Real Estate Agent: What’s Ahead for Mortgage Rates and Home Prices?
Your Take Away: As mortgage rates rise, they impact your purchasing power by raising the cost of buying a home and limiting how much you can comfortably afford. Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may […]
Stratagies to take advantage of "The Season" & End of Year: Sell Your House Before the Holidays
Take Away: While more buyers tend to shop in the spring and summer months, those shopping in the winter are likely to be motivated — often moving because of a job relocation, change in financial situation, or change in family needs. As you look ahead to the winter season, you’re likely making plans and […]
Put this historic insight into your financial tookit : What Happens to Housing when There’s a Recession?
Take Away: Current economic conditions should give builders pause, but they need to be nimble and remember that housing leads the business cycle, says Zonda’s chief economist and NAHB’s assistant vice president of forecasting. Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while […]
Enjoying a sense of well-being: The Emotional and Non-financial Benefits of Homeownership
Take Away: Homeownership not only builds a sense of pride and accomplishment, but it’s also an important step toward achieving long-term financial stability as well as a greater sense of well-being. Here are some of the benefits you can look forward to as a homeowner. With higher mortgage rates, you might be wondering if […]
Nine steps to use use yourself or share with a friend: The Journey To Buy a Home [INFOGRAPHIC]
Some Takeaways When you head out to buy a home, there are a number of key milestones you’ll encounter along the way. The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more. Your journey starts here. Connect with your agent so you have expert […]