by Wells Funding Group | Apr 17, 2023 | First Time Home Buyer, For Buyers, Housing Market Updates, Millennials, Move-Up Buyers, Pricing
As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media...
by Wells Funding Group | Apr 12, 2023 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers
Have you been saving up to buy a home this year? If so, you know there are a variety of expenses involved – from your down payment to closing costs. But there’s good news – your tax refund can help you achieve your goals by paying for some of these expenses.SmartAsset...
by Wells Funding Group | Apr 7, 2023 | First Time Home Buyer, For Buyers, Infographics, Pricing
Investing in a home is one of the most significant financial decisions most people will make in their lifetime. While the initial costs can seem daunting, the long-term benefits often far outweigh the short-term challenges. This infographic highlights the key...
by Wells Funding Group | Apr 6, 2023 | Buying Myths, First Time Home Buyer, For Buyers, Move-Up Buyers, Pricing
We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind, there are some benefits to being a buyer in today’s market that...
by Wells Funding Group | Apr 5, 2023 | For Buyers, For Sellers, Housing Market Updates
There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to...
by Wells Funding Group | Apr 3, 2023 | 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 to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below...