Buying a Car Before Buying a House: Does It Hurt Your Approval Chances? We ran the numbers and found that a car payment can reduce homebuying power significantly. How much can you afford if you make a big car purchase? by Tim Lucas in Home Loans March 19, 2025 4 min read
New FHA Boarder Income Rule Could Boost Homebuying Budgets By $50,000 FHA recently announced a change to its boarder rental income guidelines, and it could mean expanded affordability for struggling first-time buyers. by Tim Lucas in Home Loans February 27, 2025 5 min read
Two Hearts, One Mortgage: 10 Best Cities for Couples to Buy a Home We analyzed 100 housing markets to determine where homebuyers with dual incomes have the best chance at homeownership. by Tim Lucas in Home Loans February 7, 2025 5 min read
2025 Mortgage Rates Forecast: The Case for 5% Rates Nearly every major agency is predicting rates in the 6s or higher for 2025. But could rates drop into the 5s? There's a solid case for that argument. by Tim Lucas in Rates January 17, 2025 5 min read
25 Experts Offer Homebuying Advice for 2025 We tapped into the knowledge of 25 leading experts to compile a power list of advice for 2025 homebuyers. by Tim Lucas in Real Estate January 7, 2025 19 min read
The Fed Cuts 0.25% But Mortgage Rates Rise Anyway As expected, the Fed cut its key interest rate by 0.25%. But mortgage rates might rise due to new Fed guidance for 2025. by Tim Lucas in Rates December 18, 2024 3 min read
What Gives Pumpkin Spice Latte Prices The Right To Rise Faster Than Home Prices? It’s a Travesty Prices for the Starbucks favorite have risen faster than home prices since 2005. Home prices should be the undisputed champ of price increases. by Tim Lucas in Real Estate November 25, 2024 2 min read
If Homes Were More Like Turkey Dinners, Buyers Could Save $110 Per Month The cost of a Thanksgiving meal has come down 9% since 2022. Home prices have only dropped 5%. What would the housing market be like if home prices were dropping as fast as turkey prices? by Tim Lucas in Real Estate November 22, 2024 2 min read