Category: Buying a Home

Practical guidance for Utah homebuyers, from preparation and financing through offers and closing.

  • How Changing Mortgage Rates Impact You [INFOGRAPHIC]

    Some Highlights If you’re looking to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. That’s because even a small change in mortgage rates can have a big impact on your purchasing power.  The best way to navigate changing mortgage rates and…

  • Some Experts Say Mortgage Rates May Fall Below 6% Later This Year

    There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall. And if you’re looking to buy or sell a home, this is a big…

  • Strategic Tips for Buying Your First Home

    Buying your first home is a big, exciting step and a major milestone that has the power to improve your life. As a first-time homebuyer, it’s a dream you can make come true, but there are some hurdles you’ll need to overcome in today’s housing market – specifically the limited supply of homes for sale…

  • What’s Really Happening with Mortgage Rates?

    Are you feeling a bit unsure about what’s really happening with mortgage rates? That might be because you’ve heard someone say they’re coming down. But then you read somewhere else that they’re up again. And that may leave you scratching your head and wondering what’s true. The simplest answer is: that what you read or…

  • Winning Plays for Buying a Home in Today’s Market [INFOGRAPHIC]

    Some Highlights In today’s housing market, you can still come out on top if you have the right team and plan. To win when buying a home, you need to build your team, make strategic plays, consider what’s in and out of bounds, and stand out from the crowd. Connect with a local real estate…

  • Why Pre-Approval Is Even More Important This Year

    On the road to becoming a homeowner? If so, you may have heard the term pre-approval get tossed around. Let’s break down what it is and why it’s important if you’re looking to buy a home in 2024. What Pre-Approval Is As part of the homebuying process, your lender will look at your finances to…

  • 2 of the Factors That Impact Mortgage Rates

    If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why? The answer is complicated because there’s a lot that can influence mortgage rates. Here are just…

  • Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]

    Some Highlights Home affordability depends on three factors: mortgage rates, home prices, and wages. Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual. That’s good news if you want to buy a home because it means affordability is getting…

  • The Top Benefits of Buying a Multi-Generational Home

    Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind? If so, you’re not alone. More buyers are choosing to go this route and buy a multi-generational home. Here’s a look at some of the top reasons why, to see if a home like this…

  • Key Terms Every Homebuyer Should Learn [INFOGRAPHIC]

    Some Highlights Buying a home is a big deal and can feel especially complicated if you don’t know the terms used during the process. If you want to become a homeowner this year, it’s a good idea to learn these key housing terms and understand how they relate to the current housing market. That will…

  • Avoid These Common Mistakes After Applying for a Mortgage

    Avoid These Common Mistakes After Applying for a Mortgage. Review the practical steps and tradeoffs Utah homebuyers should consider before making their next…

  • What Lower Mortgage Rates Mean for Your Purchasing Power

    If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac (see graph below):   This…