Will Home Prices Decrease When Mortgage Rates Increase?

As we are currently experiencing rock-bottom mortgage rates under 3% for a 30-year fixed mortgage, it's only natural to wonder what will happen to home prices when interest rates finally increase again. This is particularly important for first-time homebuyers who are planning to buy a house in the near future but still have to wait … Continue reading Will Home Prices Decrease When Mortgage Rates Increase?

What Is It Like To Be A First-Time Homebuyer In The U.S.?

As a young married couple with a small child, my wife and I have talked a lot recently about when would be the right time for us to buy a house. We like the idea of building home equity rather than renting, especially at today's low mortgage rates, and we believe that owning a house … Continue reading What Is It Like To Be A First-Time Homebuyer In The U.S.?