The Dramatic Impact of Homeownership on Net Worth If you’re trying to decide whether to rent or buy a home this year, here’s a powerful insight that could give you the clarity and confidence you need to make your decision. Every three years, the Federal Reserve releases the Survey of Consumer Finances (SCF), which compares ...
Continue ReadingWhat Lower Mortgage Rates Mean for Your Purchasing Power If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently ...
Continue ReadingMortgage Interest Rates Update 📈🏠 As the new year began, mortgage interest rates remained almost unchanged. Following a gradual decline over 9 weeks, rates experienced a slight uptick from 6.61% to 6.62%. This minimal weekly change translates to just a $2 increase in the typical monthly payment for a $400,000 ...
Continue ReadingIf you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, the list goes on and on. Most likely, home ...
Continue ReadingHeading into the New Year, Mortgage Rates Remain on a Downward Trend December 28, 2023 The rapid descent of mortgage rates over the last two months stabilized a bit this week, but rates continue to trend down. Heading into the new year, the economy remains on firm ground with solid ...
Continue ReadingGet Ready To Buy a Home by Improving Your Credit Score As the new year approaches, the idea of buying a home might be on your mind. It’s an exciting goal to set, and it’s never too early to start laying the groundwork. One crucial step to prepare for homeownership is building a solid ...
Continue ReadingA Closer Look at Recent Home Sales in Walpole, Massachusetts As the local real estate market in Walpole, Massachusetts continues to buzz with activity, let’s delve into six recent property sales that provide valuable insights into current trends. From days on the market to price per square foot and the ...
Continue ReadingSix Expert Sources Shows the Worst Home Price Declines Are Behind Us Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally. This according to leading experts with: Corelogic, Black Knight, Zillow, Case-Shiller Freddie Mac and ...
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