How long can mortgage rates stay below 7%?
Rates below 7% feel like a gift right now — but gifts have expiration dates. The 30-year fixed has been flirting with the 6.5%–6.9% range for several
The Great Wealth Transfer Could Get Tangled in America's
The numbers are staggering. Over the next two decades, American Baby Boomers are expected to pass down somewhere between $70 trillion and $90 trillion in
The True Carrying Cost of Vacation Homes: How Insurance Is
Every year I talk to buyers who've run the numbers on a second home and feel good about the math. Mortgage payment, estimated rental income, maybe a
Adjustable-Rate Mortgages Are on the Rise: Why the Riskier
Adjustable-rate mortgages have a PR problem. Most people hear "ARM" and immediately think of the foreclosure crisis, of teaser rates that reset and buried
How to protect military buyers when the home tour is a
Military families get orders and they move — fast. The timeline doesn't care whether you've had a chance to fly out and walk through potential homes. I've
FHA expected to keep Classic FICO as it adds new models in
The credit scoring world is about to get more complicated, and for most Arizona homebuyers, that's actually good news. The Federal Housing Administration
Mounting ICE raids leave homebuilding's frontlines frozen
Arizona has a labor problem hiding in plain sight. Drive past any active subdivision in Queen Creek or Surprise on a Monday morning and the job sites that
Builders face a tougher math problem as completed inventory
Homebuilders spent the better part of three years riding a shortage. Low resale inventory, pent-up demand, and buyers willing to wait six months for a lot
Mortgages Now Take 36% of a Typical Family's Income. Here's
The math has gotten brutal. As of recent market data, the typical American family is spending 36% of their gross monthly income just to cover a mortgage
Foreclosure filings rise 10% annually in July, ATTOM says
Foreclosure activity climbed again in July. According to ATTOM's latest data, filings rose 10% compared to the same month last year. That's a real number
1 in 3 Homebuyers Say They Will Drop Their Mortgage Lender
New survey data reveals something that every lender — and every buyer — should be paying attention to. Roughly 1 in 3 homebuyers say they would drop their
Homebuilders See Material Costs Jump 6.7% in a Year
A 6.7% jump in material costs over 12 months doesn't sound catastrophic until you run the math on a $400,000 home. That's roughly $26,800 in added
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