The Benefits and Process of Buying a Second Home
Purchasing a second home is a solid option for growing a portfolio and it also means having access to a vacation home or an extra source of income from rent. Just as a buyer might when purchasing their first home, buying a second property means considering several factors like budget, timing, savings, and credit. Many […]
Mortgage Activity and Home Affordability in 2024
As the United States leaves 2023 and its rising mortgage interest rates behind, the real estate market continues to experience difficulties as affordability remains a key concern for buyers. Despite the expectation that the Federal Reserve will keep interest rates steady or eventually reduce rates in 2024, the average contract interest rate for 30-year fixed-rate […]