by The Bingham Team | Feb 9, 2024 | Buyers, Buying Conditions, Financial Impact, Helpful Tips, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Retirement, Sellers, Selling Conditions
Have you ever heard the term “Silver Tsunami” and wondered what it’s all about? If so, that might be because there’s been lot of talk about it online recently. Let’s dive into what it is and why it won’t drastically impact the housing market. What...
by The Bingham Team | Feb 9, 2024 | Buyers, Buying Conditions, Financial Impact, Helpful Tips, Home value, Inflation, Interest Rates, Mortgage, Real Estate
On the road to becoming a homeowner? If so, you may have heard the term pre-approval get tossed around. Let’s break down what it is and why it’s important if you’re looking to buy a home in 2024. What Pre-Approval Is As part of the homebuying process, your lender will...
by The Bingham Team | Feb 9, 2024 | Downsizing, Financial Impact, Helpful Tips, Home Equity, Home value, Mortgage, Real Estate, Sellers, Selling Conditions
Are you on the fence about selling your house? While affordability is improving this year, it’s still tight. And that may be on your mind. But understanding your home equity could be the key to making your decision easier. An article from Bankrate explains: “Home...
by The Bingham Team | Jan 15, 2024 | Buyers, Buying Conditions, Condos, Contruction, Financial Impact, Helpful Tips, Home Equity, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Retirement
If you’re trying to decide whether to rent or buy a home this year, here’s a powerful insight that could give you the clarity and confidence you need to make your decision. Every three years, the Federal Reserve releases the Survey of Consumer...
by The Bingham Team | Jan 15, 2024 | Downsizing, Financial Impact, Helpful Tips, Home Equity, Home Transition, Home value, Inflation, Interest Rates, Mortgage, Retirement, Sellers, Selling Conditions
If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this: “. . . your home’s equity is the difference between...
by The Bingham Team | Jan 15, 2024 | Buyers, Buying Conditions, Financial Impact, Helpful Tips, Home value, Interest Rates, Mortgage
If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%,...
