Home prices are still at an all time high and the inventory of available homes continues to struggle in many areas across the country. New builds are pricier than ever, and supply chain issues continue to prolong the time it takes to complete a new home once you find just the right location to build. These issues are leading many …
Million Dollar Mortgages
The amount of money you can borrow using a tradition loan backed by government lenders Freddie Mac and Fannie Mae has hit $1 million for the first time in the programs history. As reported in this article from The Daily Mail, Fannie Mae and Freddie Mac have always had a ceiling in place regarding the value of home loans they …
How Owning a Home Helps Protect You Against Inflation
If you have been shopping much lately, you likely do not need the news to tell you that inflation is rising, and in fact, is currently at a 40-year high. Prices for housing, energy and food have all been surging recently, at the fastest pace in decades. The latest Consumer Price Index (commonly abbreviated as CPI), which is the weighted …