Homeownership

Don’t Hold Your Breath for 3% Mortgage Rates

In 2022, the Federal Reserve attempted to curb inflation by taking action, causing mortgage rates to soar from the 2021 record lows and reach over 7% in October. This reduced hopeful buyers’ purchasing power and many chose to ...
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Homeownership Wins Over Time [INFOGRAPHIC]

Some Highlights If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership. As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 290.2% since 1991. Homeownership wins ...
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Why Buying a Home May Make More Sense Than Renting

Some Highlights If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers. Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good ...
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Should I Rent or Should I Buy?

Some Highlights It’s worth considering the many benefits of homeownership before you make the decision to rent or buy a home. When you buy, you can stabilize your housing costs, own a tangible asset, and grow your net worth as you gain equity. When ...
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