Lower Mortgage Rates Boost Your Buying Power Simplifying The Market

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Some Highlights

  • Mortgage rates are trending down and that’s great news for your bottom line.
  • As rates drop, your monthly payment on your next home does too. Even a small change in mortgage rates can have a big impact on your purchasing power.
  • If you put your search on hold when mortgage rates were higher, think about how much you could save now that rates are coming down.
KCM Crew September 20, 2024

FROM OUR BLOG

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Think Home Prices Will Crash? Here's What the Experts Actually Expect.

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Should You Pay for Your Buyer’s Closing Costs? What Sellers Need To Know.

A few years ago, sellers could get away with saying "no" to just about everything. No repairs.No concessions.No negotiation.If buyers wanted the house, they pretty much had to take it on the seller's terms. But now that inventory’s grown, negotiations are becoming a normal part of the process again.

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A lot of people who want to move are telling themselves the same thing: "Maybe I'll just wait until later this year once things calm down." While waiting sounds like a good plan, there's something worth knowing before you decide. Rates aren’t expected to change much, so if that’s the #1 reason you’r

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feature image of Is It Still a Seller's Market? Here's What the Data Says.
Is It Still a Seller's Market? Here's What the Data Says.
Remember a few years back when sellers held all the power and buyers were stuck offering way over asking or waiving inspections just to get a chance at the house? In many markets, those days are behind us.While it’s going to vary by area, more metros are slowly shifting to favor buyers, and the mark
feature image of Think Home Prices Will Crash? Here's What the Experts Actually Expect.
Think Home Prices Will Crash? Here's What the Experts Actually Expect.
One of the biggest reasons buyers are still sitting on the sidelines is because they think home prices are going to come down.Some believe a crash is coming and they'll get a better deal if they hold off.Others worry they'll buy now and watch their home's value fall later.And nobody wants to overpay
feature image of Should You Pay for Your Buyer’s Closing Costs? What Sellers Need To Know.
Should You Pay for Your Buyer’s Closing Costs? What Sellers Need To Know.
A few years ago, sellers could get away with saying "no" to just about everything. No repairs.No concessions.No negotiation.If buyers wanted the house, they pretty much had to take it on the seller's terms. But now that inventory’s grown, negotiations are becoming a normal part of the process again.
View More