Is it the best of times or the worst of times Well it all depends on if you're trying to buy or sell a house It really is a matter of perspective Home values remain sky-high and are likely to continue rising in the foreseeable future How you view that depends on which side of the transaction you're on Navigating the Current Housing Market Tips for First-Time Home BuyersIt may be the worst of times if you're a first-time home buyer Home values have never been higher thanks to the continued high cost of building materials inflation and low inventory [... more]

BOOMER INFLUENCE ON HOUSING MARKET The current landscape of the housing market is significantly influenced by baby boomers particularly in terms of home ownership patterns and inventory distribution A substantial portion of large homes defined as those with three bedrooms or more is owned by baby boomers who are aged between to years old In contrast younger generations including millennials ages to and Gen Zers ages to possess a smaller share of large homes leading to a disparity in housing options Boomers' ownership status with many owning homes outright and having little financial incentive to sell contributes to the limited [... more]

Dale Vermillion is the author of Navigating The Mortgage Maze The Simple Truth About Financing Your Home HOW WOULD YOU DESCRIBE THE CURRENT TREND IN MORTGAGE RATES Mortgage rates are stabilizing currently fluctuating around to expected to gradually decrease over the coming months Rates have become more stable recently bouncing around a consistent range Predictions indicate a potential drop below by the end of the year Stability and future trends are largely influenced by inflation and bond market conditions WHAT IMPACT MIGHT THE FED'S EXPECTED INTEREST RATE CUTS HAVE ON MORTGAGE RATES Though Federal rate cuts don't directly correlate with [... more]

Have we seen the worst of mortgage rate hikes Are rates leveling off What does that mean for the market as we head into the spring season Those are all questions we rsquo d like answered especially if we rsquo re in the market to buy a house On today's Faith amp Finance Live host Rob West will welcome Dale Vermillion to help us find out what rsquo s up with mortgage rates Then Rob will answer your questions on different financial topics nbsp See omnystudio com listener for privacy information [... more]

Have we seen the worst of mortgage rate hikes Are rates leveling off What does that mean for the market as we head into the spring season Those are all questions we rsquo d like answered especially if we rsquo re in the market to buy a house On today's Faith amp Finance Live host Rob West will welcome Dale Vermillion to help us find out what rsquo s up with mortgage rates Then Rob will answer your questions on different financial topics nbsp See omnystudio com listener for privacy information [... more]

IMPACT OF COVID ON HOUSING MARKET AND RENT VS BUY DEBATEThere's no question that we're still feeling the impact of the COVID pandemic The COVID pandemic significantly disrupted the housing market increasing home prices and rental rates making it challenging for first-time home buyers Also during that time rental rates also skyrocketed In the age-old debate rent vs buy things have shifted CURRENT HOUSING MARKET CONDITIONS Skyhigh mortgage payments On average new mortgage payments are now higher than apartment rents the largest gap in years according to CBRE Low first-time home buyer activity Only of buyers were first-timers in the [... more]

Charlie was LIVE on The Patrick Bet David Podcast at America Fest in Phoenix and they talked about it all They discuss James O'Keefe's shocking IBM expos Lebron James obnoxious anthem stunt skyrocketing mortgage rates why fewer people are getting married and more Support the show http www charliekirk com supportSee omnystudio com listener for privacy information [... more]

If you've made a resolution to manage your money better this year how can you be sure to keep it for the long haul Today we'll help you avoid the pitfalls of resolution failure No matter when you make them resolutions are hard to keep The most common excuses for giving up on our resolutions are lack of willpower forgetfulness and plain old laziness Break old habits and develop new good habits Make a clear plan Financial resolutions are almost guaranteed to fail if you don't set up a budget Have accountability Don't go it alone Don't do it all [... more]

Despite mortgage rates around -percent it rsquo s still a seller rsquo s market for buying a home And while prices are leveling off in some areas of the country prices continue to rise in others On today's Faith amp Finance Live host Rob West will talk about what prospective buyers should do in a seller rsquo s market Then he rsquo ll answer your questions on various financial topics nbsp See omnystudio com listener for privacy information [... more]

The National Association of Realtors reports that in the first quarter of home prices actually rose in out of metro markets around the country That happened even as the Federal Reserve continued to raise interest rates pushing the average mortgage rate to nearly This isn't how things typically work When mortgage rates increase prospective buyers typically bow out resulting in fewer sales which then causes prices to fall That's Economics When demand falls so do prices But that's not happening partly because demand is not falling Prospective home buyers have apparently gotten used to the higher rates and are staying [... more]