![Still feeling "locked in"? Historically, this is the best week to buy a home. But with 84% of mortgages having rates sub-6%, it's still hard for many to make the move. [Realtor.com],Gemma Peterson](https://rdceconomics.wpengine.com/wp-content/uploads/2024/10/Outstanding-Mortgage-Rate-Data-2024Q2-1024x576.jpg)
Still feeling "locked in"? Historically, this is the best week to buy a home. But with 84% of mortgages having rates sub-6%, it's still hard for many to make the move. [Realtor.com]
84% of Outstanding Mortgage Debt has a Sub-6% Rate The best time to buy a home is here, offering buyers favorable conditions, including ample for-sale inventory, lower-than-peak prices, and more price reductions. Mortgage rates have reached their lowest level in roughly two years, making this fall e
The Down Payment Assistance You Didn’t Know About
Believe it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. And if you’re hoping to buy a home, this is a mission-critical gap to close – fast (see graph below): Here’s what you need to know to make the most of your down payment in today’
Mortgage Rates Drop to Lowest Level in over a Year and a Half
Mortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment. Even a small decline in rates could help you get a better monthly payment than you would expect on your next home. And the drop that’s
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