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Impact of ‘Bifurcation’ on Arizona Housing

Impact of ‘Bifurcation’ on Arizona Housing

High-end homes sell briskly, hitting record prices, often driven by buyers less constrained by financing. Entry-level and mid-tier homes linger longer, with more price cuts and fewer multiple-offer situations than years ago. Rising interest rates reduced demand, yet...
6 Common Ways People Pay Off a Mortgage Sooner

6 Common Ways People Pay Off a Mortgage Sooner

Paying off a mortgage early may reduce total interest paid over time and can change your overall financial picture. Common approaches people consider include refinancing into a shorter term, making an extra payment in some years, setting aside funds for additional...
Places Building the Most New Homes in America

Places Building the Most New Homes in America

The U.S. faces a housing shortage of 2.5 to 5.5 million units, driving affordability issues despite higher interest rates. New home construction varies across metros, with some areas like Raleigh-Cary, NC, and Austin-Round Rock, TX, leading in new housing units...
How Credit Scores Can Affect Mortgage Pre-Approval

How Credit Scores Can Affect Mortgage Pre-Approval

Mortgage pre-approval and interest rates can be influenced by your credit profile, but requirements vary by lender and situation. Credit utilization, payment history, and overall debt levels are common factors lenders review, along with your debt-to-income ratio. It...