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%,...
by The Bingham Team | Nov 28, 2023 | Buyers, Buying Conditions, Financial Impact, Helpful Tips, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Sellers, Selling Conditions, The Bingham Team
The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home. If you want to make the most informed decision possible, it’s important to know what the experts have to say about what’s ahead for the...
by The Bingham Team | Nov 28, 2023 | Buyers, Buying Conditions, Financial Impact, Helpful Tips, Home Equity, Home value, Inflation, Interest Rates, Mortgage, Real Estate
If you’re thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and home prices are rising. That much is true. Take a look at the graph below. It...
by The Bingham Team | Nov 28, 2023 | Buyers, Buying Conditions, Financial Impact, Helpful Tips, Home Equity, Home Transition, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Retirement
Are you dreaming of buying your own home and wondering about how you’ll save for a down payment? You’re not alone. Some people think about tapping into their 401(k) savings to make it happen. But before you decide to dip into your retirement to buy a home, be...
by The Bingham Team | Nov 2, 2023 | Buyers, Buying Conditions, Home Equity, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Sellers, Selling Conditions
According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months. But why do roughly 1 in 4 people feel that way? It has a lot to do with all the negative talk about home prices over the past year. Since...
