Myth vs. Reality: Does the Fed Control Mortgage Rates?
You've probably heard the Federal Reserve (the Fed) is raising rates again. And if you're planning to buy or sell a house, you may be wondering what that means for you.With all the headlines, it’s easy to think the Fed sets mortgage rates. That’s actually a common myth. But the Fed’s decisions can s
How Much Buying Power Do You Lose When Mortgage Rates Rise?
Mortgage rates can change a homebuyer’s budget faster than home prices do. A buyer who comfortably qualified for a certain price range a few months ago may discover that the same monthly payment now supports a substantially smaller mortgage, even if their income, credit and down payment have not cha
Two Moves That Can Get You Into Your First Home Sooner
For a lot of first-time buyers, owning a home can feel perpetually a few years out of reach. Saving for a down payment takes time, and each year you spend renting can make owning feel further off.But buying your first home doesn’t have to happen to feel like a far away goal. Two choices you control
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