Blog Archives: January 2022 — December 2022

Summer's great for a lot of reasons, but it may not be the best time to buy a home. A hot summer market means competition, higher prices, and faster sales. That can be stressful for home buyers. But things begin to change near the end of September, as the fall market begins. And, according to a new analysis from the National Association of Realtors' consumer website, early fall may be the best time of the year to buy a house. “If you're flexible on your timing and can budget for higher rates, early fall can be a great time to secure a home, ...

Increasing mortgage rates have prospective home buyers concerned about affordability. But while higher rates may have buyers calculating costs, mortgage lenders don't expect they'll deter Americans from shopping for a home this year. In fact, according to Fannie Mae's most recent Mortgage Lender Sentiment Survey, participating lenders expect buyer demand to remain largely stable, despite rising rates. Doug Duncan, Fannie Mae's senior vice president and chief economist, says there are a number of unknowns that will impact conditions in the ...