Your Key to Savannah Living
Your Key to Savannah Living
Comparing mortgage offers is key to saving money on interest and fees. Get preapproved before house hunting to know your budget and strengthen offers. A 20% down payment isn't always required; some loans need as little as 3%. Avoid emotional decisions, overbuying, and making big purchases before closing. Research loan options, maintain an emergency fund, […]
Common first-time homebuyer mistakes to avoid Read More »
Presidents' Day celebrates all past and present U.S. presidents. It reflects on the nation's founding principles and values, including the Constitution and union. Reading of Washington's Farewell Address by a U.S. senator remains an annual event for decades.Many patriotic and historical groups celebrate Presidents' Day with reenactments and events.
Happy Presidents’ Day Read More »
Rising inventory, falling interest rates, and lower prices in many markets make 2026 promising for first-time homebuyers. Listings have increased significantly, with new construction expected to rise. Home prices are falling in some areas, while mortgage rates have dropped below 6.25%, potentially reaching 5.9%. Buyers should prepare by improving credit, saving for down payments and
Will 2026 Be the Year for First-Time Homebuyers? Read More »
Valentine’s Day occurs every February 14 around the world, and candy, flowers and gifts are exchanged between loved ones, all in the name of St. Valentine Valentine greetings were popular as far back as the Middle Ages, though written Valentine’s didn’t begin to appear until after 1400. By the middle of the 18th, it was
Happy Valentine’s Day Read More »
Home sales rebound: Economists expect roughly 14% higher sales as inventory improves and lock-in effects fade. Prices rise modestly: National home prices forecast to grow about 2–3%, supporting stability without overheating. Inventory expands: Listings are up around 20%, easing competition and reducing bidding-war pressure. Market balance returns: Buyers gain negotiating power while sellers face more
Housing Market Outlook 2026 Rebalances Read More »
Housing affordability may improve slightly in 2026 due to moderating mortgage rates. Mortgage rates are expected to settle in the low-6% range, easing some buyer pressure. Home prices will continue rising but at slower, more manageable rates than recent years. New home construction faces cost, labor, and permitting challenges, slowing single-family starts. Government policies and
Housing Affordability Could Make Improvements in 2026 Read More »
Post-2008 safeguards hold: Stricter lending standards reduce default and foreclosure risks significantly. Persistent housing shortage: Long-term underbuilding continues to support prices nationwide. Demographic demand strong: Millennials entering peak buying years underpin long-term demand. Balanced market signals: Slower sales, longer listings, and price cuts reflect normalization—not distress.
Why Housing Remains Structurally Stable Read More »
Mortgage rates may ease in 2026, inventory should improve, but competition remains; buyers prepared early can act quickly and secure. Start preparing finances now: take homebuyer education courses, review budgets realistically, plan expenses, and understand mortgages before seeking preapproval confidently. Check credit early, pay down debt, keep balances low, and budget for taxes, insurance, closing
Want to Buy a House in Early 2026? Read More »
First-time home buyers should avoid several common mistakes after mortgage pre-approval to ensure a smooth closing process. Key actions to avoid include changing jobs, purchasing a new car, making late payments, and opening new bank accounts. It's also crucial not to spend down payment funds, offer more than the appraised value for a home, close
What NOT To Do Before Closing on a House Read More »
U.S. mortgage applications surged 28.5% in early 2026, driven by a 40% rise in refinancing as 30-year fixed rates fell to 6.18%. This followed a government directive for Fannie Mae and Freddie Mac to buy mortgage-backed securities, lowering rates. Increased inventory and easing affordability constraints signal a market rebound. Homebuilders and tech-enabled lenders benefit, though