Interest Rates Archives - Lending A Hand

The Main Reason Mortgage Rates Are So High

Post published:7 June, 2023
Post category:For Buyers Interest Rates

Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into…

The Impact of Changing Mortgage Rates [INFOGRAPHIC]

Post published:19 May, 2023
Post category:For Buyers Infographics Interest Rates

Some HighlightsIf you’re looking to buy a home, you should know even a small change in mortgage rates has an impact on your purchasing power.These charts show how rates generally…

The Impact of Inflation on Mortgage Rates

Post published:10 May, 2023
Post category:Housing Market Updates Interest Rates

If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you,…

A Recession Doesn’t Equal a Housing Crisis

Post published:2 May, 2023
Post category:Housing Market Updates Interest Rates Pricing

Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still…

Ways To Overcome Affordability Challenges in Today’s Housing Market [INFOGRAPHIC]

Post published:28 April, 2023
Post category:First Time Home Buyers For Buyers Infographics Interest Rates Move-Up Buyers Pricing

Some HighlightsWith so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget.You can…

The Three Factors Affecting Home Affordability Today

Post published:26 April, 2023
Post category:First Time Home Buyers For Buyers Housing Market Updates Interest Rates Move-Up Buyers Pricing

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw…

What Are the Experts Saying About the Spring Housing Market?

Post published:25 April, 2023
Post category:For Buyers For Sellers Housing Market Updates Interest Rates Pricing

The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go…

How Changing Mortgage Rates Can Affect You

Post published:3 April, 2023
Post category:Buying Myths For Buyers Interest Rates

The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful…

What You Should Know About Rising Mortgage Rates

Post published:28 February, 2023
Post category:First Time Home Buyers For Buyers Housing Market Updates Interest Rates Move-Up Buyers

After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the right time to buy or if you should hold off on your search until rates come back down. (more…)

The Two Big Issues the Housing Market’s Facing Right Now

Post published:21 February, 2023
Post category:For Buyers For Sellers Housing Market Updates Interest Rates

The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: (more…)