Some predict a housing market correction, but what do the facts actually say? Let's break it down, starting with what a correction means in real estate.
Understanding the influence of mortgage rates on your home-buying power is key, especially if you're considering a partnership with Evergreen Home Loans.
In a significant move that impacts the housing market, the Federal Open Markets Committee (FOMC) has announced the maintenance of its short-term policy interest rate between 5.25% and 5.5%.
Navigating the financial world can often seem like navigating a maze, particularly when it comes to understanding the Federal Reserve's (the Fed) decisions and how they might influence your plans to buy a home.
While there is no doubt that interest rates are higher than they have been in the past two years, it is important to look at rising interest rates from a broader, more historical point of view.