by Wells Funding Group | Nov 7, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s...
by Wells Funding Group | Nov 4, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers
Some Highlights If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership. As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 2%...
by Wells Funding Group | Nov 3, 2022 | Demographics, First Time Home Buyers, For Buyers, Gen Z, Millennials, Move-Up Buyers
It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way...
by Wells Funding Group | Nov 1, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the...
by Wells Funding Group | Oct 31, 2022 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers
If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first. But it doesn’t have to be. One way to take the fear out of budgeting is understanding some of the costs you might encounter. And to do that, turn to trusted real...
by Wells Funding Group | Oct 28, 2022 | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some Highlights Even with higher mortgage rates, the mortgage process doesn’t need to be something you fear. Here are some steps to help as you set out to buy a home. Know your credit score and work to build strong credit. When you’re ready, lean on the pros and...
