The Educated HomeBuyer | First Time Home Buyer Tips, Mortgage Rates & Housing Market Updates

The Federal Reserve Has signaled it will raise interest rates one more time this year before it ends hiking campaign while completely ignoring lagging rent/shelter data which will continue to moderate through the first part of 2024. In addition, the US Economy is showing signs of slowing which will naturally lead to lower inflation numbers. In this live episode, we are going to discuss the latest...

Do you currently own a house and wondering how to access your home equity for home improvement, debt consolidation or even to buy a house? What is the difference in a heloc vs fixed rate 2nd mortgage? What are the pros and cons of a home equity line of credit? In this video, we discuss how to access your home equity while keeping your super low mortgage rate and helping you become The Educated Hom...

When will the housing market crash? Investor says ‘Black Swan’ event imminent. I'm confused by this statement because isn't that exactly what happened with Covid that caused house prices to skyrocket. Should you buy now or wait for this black swan event to take place? In this live episode, we are going to discuss this article as well as the latest from the Federal Reserve, the latest emplo...

President Donald Trump modified The Tax Benefits of Homeownership when he passed The Tax Cuts and Jobs Act of 2017. This was the largest overhaul of the tax code in three decades essentially eliminating the tax benefits of buying a house. Does it still make sense to buy a house in this housing market? In this episode we discuss the benefits of homeownership and why many out there can still benefit...

Mortgage rates are sitting near 23 year highs with mortgage demand sitting near 27 year lows while purchase applications are at the lowest level since 1995. On top of that, The FED believes that pandemic savings will likely be depleted by the 3rd quarter. This sounds like the perfect recipe for a housing crash, right? In this live episode, we are going to discuss the latest from the Federal Reserv...

Are you a first time home buyer wondering if you should buy now or wait? What should you consider when buying a house in the current housing market? Why is time so important when buying a home? What is The Long Game when it comes to buying real estate? In this episode, we discuss the long game and the importantce of long term thinking in home buying to help you become The Educated HomeBuyer. ✅ -...

The Housing Market Is In Trouble with rising house prices, rising mortgage interest rates and a slowing economy. If you didn't think it could get any worse, you have Barbara Corcoran Saying Housing Prices ‘Are Going To Go Through The Roof" when interest rates come back down. In this live episode, we are going to discuss this article as well as the latest from the Federal Reserve, the late...

A typical homeowner's net worth is 40 times higher than that of a renter build does homeownership really build wealth? Homeownership promotes wealth building by acting as a forced savings mechanism and through home value appreciation over time. At the same time, there is a study that says owning a home may help you save money, but it won’t help you make money and that households are better off...

Zillow is a full-blown housing market bull—predicting that U.S. home prices will jump 6.5% by July 2024 while Mortgage Interest Rates are hitting multi decade highs and home buyer demand is slowing. Zillow's original forecast was calling for .5% back in February 2023 but has been updated to reflect the anemic level of housing inventory and resilient buyer demand. In this live episode, we are g...

Mortgage Rates and Bond Yields are Hitting The Highest Levels In Decades as The Fed still sees upside risks to inflation possibly leading to more rate hikes. At the same time, we are seeing a tight labor market along with strong economic growth. Will the FED continue to pause with interest rate hikes or continue to push rates higher? How will the fed's decision affect the housing market in 202...

Mortgage Interest Rates are hitting multi decade highs while The FED still sees upside risks to inflation possibly leading to more rate hikes. How will rising interest rates impact the housing market? Should you Buy Now or Wait for Prices to CRASH? In this live episode, we are going to discuss the latest from the Federal Reserve as well as the latest employment and economic data while helping you...

Are you a first time home buyer wondering how to become a homeowner with housing affordability at all time lows as house prices and mortgage interest rates head higher? What's the solution for buying a house in this real estate market? Should you consider moving to a more affordable area? Should you sacrifice location to become a homeowner? In this episode, we discuss the idea of moving to mor...

The FED is likely done with their interest rate hikes as inflation continues to moderate. Lower Inflation should lead to lower interest rates, in turn, pushing home prices up in 2024. The American Enterprise Institute is precting another 6% jump in house prices in 2024 along with Zillow predicting another 5.8%. Should you buy now or wait? In this live episode, we are going to discuss the latest fr...

The very first step when buying a house is to create a budget. This is really the foundation for homeownership in any housing market. How do you create a budget? How do you create a budget to save money when buying a house in 2023? In this episode, we discuss how to budget to buy a house to help you become The Educated HomeBuyer ✅ - Want to get connected with us or to a local expert in your marke...

Black Knight reported that home prices grew by .67% on a seasonally adjust month over month basis taking it to new record highs at a time when mortgage interest rates are touching 23 year highs. Should you buy now or wait? In this live episode, we are going to discuss the latest from the Federal Reserve as well as the latest employment and economic data while helping you understand how that affect...

Dave Ramsey is simply wrong about buying a house in 2023. While the Dave Ramsey Show offers a lot of great financial advice, there is one big flaw when it comes to Dave's 25% House Rule in that it's not practical for the majority of most first time home buyers. In this episode, we discuss Dave Ramsey's advice on becoming a homeowner, what you need to do in order to buy a house along wh...

The Housing Market has remained resilient in face of the media continually calling for a housing crash. While the fed has hiked rates 11 times, inflation has moderating while house prices have started to turn back positive while buyer demand remains near all time lows. Should you buy now or wait for THE CRASH? In this live episode, we are going to discuss the latest from the FED as well as the lat...

Do NOT Buy a House In 2023 without understanding the mistakes we have made when buying and selling real estate. What do you have to consider when buying a home in this housing market? In this episode, we discuss the mistakes that we have made as both home buyers and home sellers to help you become The Educated HomeBuyer. ✅ - Want to get connected with us or to a local expert in your market, pleas...

The FED Is Set To Hike The Fed Funds Rate for the 11th time in this cycle when mortgage rates are sitting near recent highs. How will this impact House Prices, Housing Affordability and The Housing Market? Should you buy now or wait for THE CRASH? In this live episode, we are going to discuss the latest from the FED as well as the latest economic data while helping you understand how that affects...

Housing affordability and the lack of inventory are 2 major problems affecting the housing market. In order to see a more balanced market, we need a surplus of available homes for sale on top of lower mortgage rates to help increase housing affordability. What would create more housing inventory? Who are the sellers in the current housing market? In this episode why inventory is the biggest proble...

As mortgage interest rates and inflation moderate from their peaks at a time when housing inventory is still at record lows, that leaves house prices only one direction to go..........NOT DOWN! Should you buy a house now or wait for lower interest rates? In this live episode, we are going to discuss the latest from the FED as well as the latest economic data while helping you understand how that a...

Are you a first time home buyer planning on using gift funds to buy a house in 2023? What are gift funds? What can gift funds be used on when buying a house? What loan programs allow gift funds? What is required when using gift funds to buy a house? In this episode we discuss everything you need to know about gift funds when buying a house in 2023 to become The Educated HomeBuyer. ✅ - Want to get...

Mortgage demand drops to the lowest level in a month as mortgage rates reach their 2023 peak. Where will mortgage interest rates go from here? Inflation rates historically follow inflation and we are now seeing inflation moderate in a significant way which should lead to lower rates in the future. Should you buy a house now or wait for lower rates? In this live episode, we are going to discuss the...

What will the 2nd half of the housing market look like in 2023? Does it make sense to buy now or should you wait? Will Housing Prices Crash? Will housing become more affordable? Are mortgage rates going to stay high or will we see some relief? In this episode, we discuss our housing market forecast for the second half of 2023, covering expectations for inflation, mortgage rates, supply of homes fo...

The Housing Market Will Likely Peak In the next few weeks and slow as we head into the later part of 2023. At the same time, we are likely see inflation continue to decline along with lower interest rates. How will lower rates and a slower housing market impact housing affordability? In this live episode, we are going to discuss the latest from the FED as well as the latest economic data while hel...