How the Economy Impacts Mortgage Rates
As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what’s ahead. One thing that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs…
MOVING TO DALLAS:
Thriving Job Market: Dallas boasts significant employment growth, particularly in education, health services, and professional sectors. Affordable Cost of Living: Compared to other major U.S. cities, Dallas offers reasonable housing, utilities, and daily…
Texas: Best States to Buy Property in Late Summer | https://linktr.ee/hsrdallas
Texas is listed as one of the best states to buy property in August 2024. The avg home sales price in Texas is $307K. The overall cost of living in Texas is lower than the national avg, with a cost of living index of 92.4. Homeowners insurance in Texas…
A Newly Built Home May Actually Be More Budget-Friendly
If you’re in the market to buy a home, there’s some exciting news for you. Many people assume that newly built homes are more expensive than existing ones (houses that have already been lived in), but that’s not always the case. In fact, exploring newly…
Why a Foreclosure Wave Isn’t on the Horizon
Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets. And those high costs on everything from gas to groceries are fueling unnecessary concerns that more people are going to have trouble making their…
Diversify Wealth With Rental Property | https://linktr.ee/hsrdallas
Investing in rental property can build wealth outside the stock market. Benefits include property appreciation and regular rental income.
How Affordability and Remote Work Are Changing Where People Live
There’s an interesting trend happening in the housing market. People are increasingly moving to more affordable areas, and remote or hybrid work is helping them do it. Consider Moving to a More Affordable Area Today’s high mortgage rates combined with…
Fed Rate Cut This Year? How It Could Affect Mortgage Rates | https://linktr.ee/hsrdallas
The Fed is likely to cut rates only once this year due to high inflation. Even with a rate cut, mortgage rates are expected to stay around 7%.
When Will Rates Drop? Fed’s Perspective | https://linktr.ee/hsrdallas
The Fed considers inflation data to determine future interest rate cuts. Recent inflation slowdown may influence Fed's decision on rate cuts.
Can You Buy a Home Without Income? | https://linktr.ee/hsrdallas
You can buy a house without income by proving financial strength or paying in cash. A strong credit history, including a high credit score, can improve your chances.