Mortgage Rate Forecast: Next 90 Days
Rates Likely to Drift Lower: The 30-year fixed is expected to ease into the 6.2%–6.4% range, with a possible dip toward 6.1% if economic data softens.
Fed ...
Trying to get a mortgage? Don’t make these 9 mistakes
Common mortgage mistakes include not checking credit reports for errors, failing to shop around for lenders, and misunderstanding adjustable-rate mortgages. Unlocking frozen credit before applying is crucial to avoid delays. Avoid major finan...
How to Put Your Home Equity to Work for You
Homeowners can borrow against their home equity through a Home Equity Loan, which has fixed payments and interest, or a Home Equity Line of Credit (HELOC), which allows flexible borrowing up to a limit. Interest rates vary and may be tax-dedu...
More homes on market give buyers in Virginia major markets options
In October, Northern Virginia, Central Virginia, and Hampton Roads saw increased home inventory year-over-year, offering more options for buyers. Northern Virginia reported a 7.5% rise in home sales and a 4.9% increase in median price to $750...
New CFPB Rule May Affect Credit Scores in Virginia
Virginia is one of 15 states that ban medical debt from appearing on credit reports, guarding residents against financial harm.
The CFPB’s interpretive rule suggests federal law should override prote...
3 Thrifty Ways to Pay off Your Mortgage Early
About 34% of U.S. homeowners have paid off their mortgages, driven by a desire for stability in a changing economy. Here are three ways to pay off your mortgage early:
1. Switch to bi-weekly payments to make an extra full payment each year....
Is This the Future of U.S. Homeownership?
Homeownership in 2025 reflects flexibility, innovation, and technology reshaping how Americans buy and finance homes.
Rising costs and lifestyle shifts are driving demand for modular, prefab, and con...
7 Ways to Secure a Lower Interest Rate Mortgage
Obtaining a mortgage with a reduced interest rate is essential for prospective homeowners, as it can lead to significant savings. Key steps include improving credit scores, comparing lenders, and understanding loan types. Lower rates can decr...
Cities With the Fastest-growing Home Prices in Virginia
Virginia cities with the fastest-growing home prices show varied increases despite slowing pandemic-driven demand. Waterford leads with a $65,660 (5.4%) rise, followed by Middleburg and Catharpin. Many cities in the Washington-Arlington-Alexa...
Homebuying Opportunities in the Fall
Acadiana’s housing market remains stable, with median prices up 3% year-to-date and Lafayette’s average home price at $299,010.
Homes now spend about 81 days on the market, down from 90 in spring...