Fannie Mae Lowers 2026 Housing Outlook
2026 home sales growth cut to 7.3%, down from prior 8.9% and 9.2% forecasts, far below NAR’s projected 14% surge.
Mortgage rates expected to average 6.2% i...
Builder Confidence Bounces Back Stronger in Mid-Fall
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Builder confidence jumps in October, signaling brighter prospects for single-family homes in 2026.
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NAHB Housing Market Index rose to 37, the highest since April, showing steady op...
5 Documents You Need to Get a Mortgage (Faster)
To speed up the mortgage application process, have these documents ready: W-2s or tax returns from the past two years, recent pay stubs, statements for loans and debts, bank and asset statements from the last three months, and an updated cred...
Virginia Home Sales Tick up in Mid-Fall
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Virginia home sales rose 3.1% in Mid-Fall, signaling momentum in the housing market.
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Median price hit $430K in Mid-Fall.
First-Time Homebuyer Tips You Can’t Afford to Ignore
Set a realistic budget considering mortgage, taxes, insurance, and repairs. Get mortgage preapproval to strengthen your buying power. Choose a location that suits future needs, factoring in commute, schools, and property trends. Never skip a ...
Six Tips for First-Time Homebuyers
First-time homebuyers should ensure readiness by assessing financial stability, credit score, and down payment ability while maintaining an emergency fund. Prioritize needs versus wants in a home, and work with a trusted, experienced real est...
Loudoun County Leaders Propose Measures for Fairer Rents
Rents in the Maryland, Virginia, and D.C. area have surged nearly 43% from 2020 to 2025, prompting Loudoun County leaders to consider asking the Virginia General Assembly to allow rent increase caps. Some supervisors warn rent caps could redu...
Will Housing Survive Another Year at 6% Rates?
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Mortgage rates could stay above 6% through 2026, highest in over two decades.
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Fannie Mae predicts rates dipping only to 5.9% by late 2026.
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Rates above 6% now stretch ...
Will 2029 Bring a Predictable and Stable Housing Market?
By 2029, the housing market should operate in a steady, sustainable rhythm with prices still rising 3%–5%.
Mortgage rates are expected to stay ~5.5%–6%, supporting stable financing conditions.
Sal...
Choosing the Mortgage Term That is Right for You!
Negotiating mortgages can be difficult for first-time buyers due to the risks and costs. A 15-year mortgage offers lower interest rates but higher monthly payments, which can strain finances. A 30-year mortgage is often more manageable for fi...