Mortgages Are Huge Right Now: What To Know About Home Loans
Buying a home is part of the widely sought-after American dream. However, as the pandemic wore on the past two years, the housing market quickly became a “seller’s market.” New homeowners are struggling to find an affordable home that doesn’t require extensive repairs to make it livable. Home loans are skyrocketing and mortgage rates are steadily climbing back up from record lows, but buyers aren’t helpless. So what should new home buyers do to ensure they’re getting their dream home and an affo