
Why You Don't Need to Fear The Return of Adjustable-Rate Mortgages
As the graph conveys, after hovering around 3% of all mortgages in 2021, many more homeowners turned to adjustable-rate mortgages again last year. There’s a simple explanation for that increase. Last year is when mortgage rates climbed dramatically. With higher borrowing costs, some homeowners decid

More Jobs & Better Pay Leads to More Buyer Demand
A low unemployment rate means that most people who want to work are finding jobs. When people have jobs, they have steady incomes – and that can help set them up to consider homeownership. People Are Making More Money And data also shows hourly earnings have been going up pretty steadily over the pa

Why Median Home Sales Price is Confusing Right Now
In both cases, a nickel is still worth five cents and a dime is still worth 10 cents. The value of each coin didn’t change. That’s why using the median home sales price as a gauge of what’s happening with home values may be confusing right now. Most buyers look at home prices as a starting point to
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