If you’re like a lot of homeowners, you’ve probably thought: “I’d like to move… but I don’t want to give up my 3% rate.” That’s fair. That rate has been one of your best financial wins – and it can be hard to let go. But here’s what you need to remember…A great rate won’t make up for a home that no longer works for you. Life changes, and sometimes, your home needs to change with it. And you’re not the only one making that choice.The Lock-In Effect Is Starting To EaseMany homeowners have been frozen in place by something the experts call the lock-in effect. That’s when you...
Whether it’s at a family gathering, your company party, or catching up with friends over the holidays, the housing market always finds its way into the conversation.Here are the top three questions on a lot of people’s minds this season, and straightforward answers to help you feel more confident about the market.1. “Will I even be able to find a home if I want to move?”Yes, more than you could a year or two ago.The number of homes for sale has been rising over the past few years. According to data from Realtor.com, there have been more than one million homes on the market for six straight...