by Brent Knapp | Housing Market Updates, Interest Rates
If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of...
by Brent Knapp | For Buyers, For Sellers, Housing Market Updates, Interest Rates
Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two.The Relationship Between Housing Inflation and...
by Brent Knapp | Buying Myths, For Buyers, Interest Rates
If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s...
by Brent Knapp | Foreclosures, Infographics, Interest Rates
Some HighlightsWith ongoing high inflation pushing up everyday costs, some people are worried that’ll create a flood of foreclosures. Here’s why that’s unlikely. Fewer people are seriously behind on mortgage payments right now. If foreclosures were...
by Brent Knapp | For Buyers, Housing Market Updates, Interest Rates, Pricing
In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working...
by Brent Knapp | For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Pricing
Some HighlightsWant to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.Where mortgage rates go for the rest of the year will depend on...
![Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]](https://assurancehomeloans.us/wp-content/uploads/2023/08/Dont-Expect-A-Wave-Of-Foreclosures-KCM-Share.png)
![Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC]](https://assurancehomeloans.us/wp-content/uploads/2023/08/Housing-Market-Forecast-For-The-Rest-Of-2023-KCM-Share.png)