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Why Higher Mortgage Rates Are Actually Beneficial to Homebuyers?

For the first time since the pandemic, homebuyersare facing mortgage rates exceeding 4% for the first time. While low rates helped homebuyers and refinancers at first, increased rates may be a godsend for an overheated housing market.

Mortgage

Waiting for The Housing Market to Cool? Here’s What You Should...

Many homebuyers are being priced out of the market due to higher mortgage rates, rising prices, and a severe housing shortage (active listings dropped 19 percent year over year last month). In fact, nearly a third of first-time homebuyers plan to wait for lower prices, according to a recent...

Mortgage

5 Things You Need to Be Aware of Before Taking a Reverse Mortgage

No one hesitates when taking out a regular mortgage so why do reverse mortgages get such a bad reputation? In the right situation, the benefits of a reverse mortgage can highly outweigh the disadvantages. If youre a retiree that wants to stay in your home, rent-free, as well as getting...