
Tag: buying a home

Home Affordability: How Much House Can You Afford?
Figuring out how much home can I afford is a common question for many prospective homeowners. Our home affordability calculator simplifies this by providing a clear estimate based on your financial details. Why Use a Mortgage Budget Tool? When setting out on the journey to buy a new home, many turn to a mortgage budget tool to set realistic expectations. Using a house cost estimator like ours ensures you only view properties within your financial capability. Consider our platform as your personal property affordability tool, guiding you in every step of the home buying journey. Benefits of a Home Purchase...

30 Years? Ask About Mortgage Planning.
Impact of Rising Interest Rates on Mortgage Plans The Concern Around Increasing Mortgage Rates The recent and rapid increase in interest rates has certainly created concern. While the 11 increases in the Fed Benchmark Rate since the Fed began its inflation fight in March 2022 do not have a direct impact on mortgage rates, 11 straight rate increases currently the top story all over the media does shock the market. Mortgage rates have increased from a low of 2.96% in 2021 to an average mortgage rate close to 7% in 2023 creating concern for prospective buyers. Understanding the 30-Year Mortgage...

Best Time to Sell a Home in Virginia
Selling a house can be daunting, especially when you need to figure out the right time to sell. The timing of your home sale can significantly impact the selling price, the number of offers you receive, and the time it takes to sell your property. In Arlington, Alexandria and the surrounding Northern Virginia area, there are certain times of the year are considered better for selling a house. And according to REALTOR.com, there is a week that represents a balanced selection of market conditions that favor sellers. “The week of April 16-22 is expected to have the ideal balance of...


