Paying Off a 30-Year Mortgage in 15 Years

Paying Off a 30-Year Mortgage in 15 Years

Most homeowners opt for a 30-year mortgage because it is the most affordable option. This is especially true of first time homebuyers. Once you get settled in and are comfortable making your house payment each month, you may begin to wonder how you can pay off your...
Can You Refinance Your Mortgage at Any Time?

Can You Refinance Your Mortgage at Any Time?

When you refinance your mortgage, you have to take out a new loan to pay off the old one. Reasons for doing this vary, but often lower interest rates motivate homeowners to refinance to save money on interest. Some homeowners want a shorter term to pay off the...
Mortgage Rates Have Jumped, but Just How Bad Is It?

Mortgage Rates Have Jumped, but Just How Bad Is It?

Inflation is at its highest rate in over 40 years, and younger Americans are especially feeling the pain. Homebuyers are aghast at the record-high home prices, and most young people are currently priced out of the housing market. Added to the major problem of...
Are We Near the Peak of the Current Housing Cycle?

Are We Near the Peak of the Current Housing Cycle?

The spring real estate buying season has sprung, and the white-hot housing market is once again prompting prospective buyers to compete against each other for available properties. The prices of homes now are at an all-time high. Even though there’s a worsening...
Why House Prices Continue to Rise in 2022

Why House Prices Continue to Rise in 2022

The housing market saw quite the boom in 2021 with prices for single-family homes jumping up nearly 20% year-over-year. Predictions for 2022 were split on whether or not more increase was coming, but now the data shows that appreciation is still happening albeit at a...