inflation

Mortgage Rates and Inflation: Past, Present, and the Future If you want to buy a house this year, you're probably keeping a close eye on mortgage rates. Because mortgage rates influence what you can afford when you take out a home loan – and affordability is such a big concern right now – it's a good time to look at where mortgage rates have been historically compared to where they are currently....

Check out our latest video - What's Going To Happen With Mortgage Rates:      So you've undoubtedly seen some news concerning inflation and mortgage rates, as well as something about a Federal Reserve (the Fed) decision. You may be wondering what it all means for you, especially if you're considering purchasing a home. Allow me to break it down for you. The Housing Market and...

Are you facing the decision of whether or not to rent or buy a house this year? If so, check out this video that will help you decide if it's better to rent or buy a house:     If you rent, you probably have to make a big decision every year: do you keep the same lease, start a new one, or buy a home? This year is the same. But before you get too deep into your choices, it helps to know...

Are you thinking you should wait for rates to drop to 4% or maybe even 3%?  Then Watch this: The Federal Reserve took action to try and lower inflation last year. Mortgage rates quickly increased in response to such initiatives from the all-time lows we experienced in 2021, reaching a peak of just over 7% last October. As a result, prospective buyers' purchasing power was reduced, which led to some of...

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should I still buy a home right now? Greg McBride, Chief Financial Analyst at Bankrate, explains how inflation is affecting the housing...