“I don’t expect to see a meaningful increase in the supply of existing homes for sale until mortgage rates are back down in the low 5% range, so probably not in 2024,” says Rick Sharga, founder and CEO of CJ Patrick Company, a market intelligence and business advisory firm...
The report forecasts that mortgage rates will average 6.3% across 2025 and end the year at 6.2%. That’s a leg down from the 6.7% average expected across 2024 by year-end, but still well above the 4% historical average recorded from 2013 to 2019. Home prices will grow an additional 3.7...
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January 15, 2024 For many seniors, their home represents not just a place to live but also a valuable asset that can help fund their retirement. One financial tool that allows them to unlock their home’s equity is a reverse mortgage. ...
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When it's time to get a loan, what counts? What do you need when applying for a home loan? How much should you put down on a house? What are the mortgage process steps? Meet with your neighborhood home loan officer to review your options and complete our home loan application. ...
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December 10, 2024/by KCM CREW Home Prices, Mortgage Rates Why Owning a Home Is Worth It in the Long Run Today’s mortgage rates and home prices may have you second-guessing whether it's still a good idea to buy a home right now. Read more → December 5, 2024/by KCM CREW For...