Your Tax Refund Can Help You Achieve Your Homebuying Goals
Have you been saving up to buy a home this year?
Trying To Buy a Home? Hang in There.
We’re still in a sellers’ market.
How Changing Mortgage Rates Can Affect You
The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year.
Facts About Closing Costs [INFOGRAPHIC]
![Facts About Closing Costs [INFOGRAPHIC] Simplifying The Market](https://files.keepingcurrentmatters.com/content/images/20230330/Facts-About-Closing-Costs-KCM-Share.png)
- If you’re thinking about buying a home, be sure to plan for closing costs.
- Closing costs are typically 2% to 5% of the total purchase price of a home, and they can include things like government recording costs, appraisal fees, and more.
Balancing Your Wants and Needs as a Homebuyer This Spring
Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years.
An Expert Gives You Clarity in Today’s Housing Market
The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process.
A real estate expert uses their knowledge of what’s really happening with home prices, housing supply, expert projections, and more to give you the best advice.
Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]
![Buying a Home May Make More Sense Than Renting [INFOGRAPHIC] Simplifying The Market](https://files.keepingcurrentmatters.com/content/images/20230309/Buying-A-Home-May-Make-More-Sense-Than-Renting-KCM-Share.png)
Some Highlights
- If you’re trying to decide whether to rent or buy a home, there are a few things you should consider.
- Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation.
You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]
![You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC] Simplifying The Market](https://files.keepingcurrentmatters.com/wp-content/uploads/2023/02/01165833/You-May-Not-Need-As-Much-As-You-Think-For-Your-Down-Payment-KCM-Share.png)
Some Highlights
- Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase.
- And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to put down as little as 0-3.5%.
Think Twice Before Waiting for 3% Mortgage Rates
Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans.Key Terms To Know When Buying a Home [INFOGRAPHIC]
![Key Terms To Know When Buying a Home [INFOGRAPHIC] Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2023/01/11164454/Key-Terms-To-Know-When-Buying-A-Home-KCM.png)
Some Highlights
- Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process.
- If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to the current market so you feel confident throughout the homebuying process.
