What Determines Mortgage Rates? Spoiler: It's Not the Fed (Surprise!)

Ah, mortgage rates. Those little numbers that can make or break your dream of homeownership, right? You might be thinking, "Well, the Federal Reserve is probably to blame for the rate I’m seeing, isn’t it?" While it might …

Why Home Buyers in Phoenix Should Consider Assumable Loans for Low Interest Rates

The housing market in Phoenix is dynamic and full of opportunities, but one factor that’s constantly on homebuyers’ minds is securing a favorable mortgage rate. With interest rates climbing over the past year, …

What Happened This Week with Mortgage Rates – Week 51, 2024

This week, mortgage rates have slightly improved, offering a bit of relief for those in the market for a new home or considering refinancing. The average 30-year fixed-rate mortgage is now at 7.04%, down 0.10% from the …

How Often Do Mortgage Rates Change?

If you’re planning to buy a home or refinance an existing mortgage, one of the biggest questions you might have is: How often do mortgage rates change? The short answer is that mortgage rates can change frequently—sometimes even daily. In this blog …

Can You Sell a Home with a Reverse Mortgage?

If you’re considering selling your home but currently have a reverse mortgage, you might be wondering how this will impact your ability to sell. The good news is that yes, you can sell a home with a reverse …

Capital Gains Tax for Seniors Selling Their Homes: What You Need to Know

As a senior selling your home, you may have questions about how capital gains tax applies to your sale. Capital gains tax is a tax on the profit made from selling an asset like real …

How to Buy a Home in Phoenix, Arizona, with a Reverse Mortgage

Buying a home with a reverse mortgage may seem like a complex process, but it can be a highly effective financial tool for individuals over 62 years old who want to …

Navigating the Phoenix Housing Market: October 2024

The Phoenix real estate market continues to evolve as we move through 2024, with conditions reflecting broader economic trends and local market dynamics. The latest data from ARMLS, capturing September 2024, provides valuable insights for both buyers and sellers …

Why Consumers Should Freeze Their Credit with Credit Agencies

In today’s digital age, where personal information is shared across multiple platforms, safeguarding your financial identity is more crucial than ever. One of the most effective ways to protect yourself from identity theft and fraudulent activity is …

Why Buying a Home in Phoenix Now is a Better Choice Than Waiting Until Next Year

The decision to buy a home is one of the most significant financial choices most people will make in their lifetime. For those considering purchasing a home in …