Tag: Home Buying Guidance

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...

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...

Unlocking Your Dream Home: Home Buyer Seminar in Shirlington Village Date: Wednesday, August 23 Time: 6:30 – 8:00 PM Reserve Your Seat Here! Are You Ready to Own a Home? Thinking about buying your dream home in Arlington, Virginia? Let Kay Houghton & Associates guide you through the home-buying process at our exclusive Home Buyer Seminar in Shirlington Village. Come and join us for an opportunity to gain knowledge and uncover: – Unraveling the Mystery of Purchasing a Home – Keeping Up with the Current Market Patterns in Arlington, Virginia – Gain Valuable Advice and Knowledge to Assist You in...