Categories for Down Payments

Inflation Watch & Mortgage Rates

Disinflation continued to be the trend in 2023. The Consumer Price Index year-over-year dropped to 3.1% in November, with anticipation that end of year figures will be lower as fuel, auto, travel prices have dropped. This is good news for hopes of...
View Article

Three Drivers of Housing Affordability…

Prices, rates, and incomes. We know that incomes will drive housing prices quicker during recessionary times as incomes will decline quicker than they will rise. Inflation can act as a decelerator on wage increases. We have seen the impact of...
View Article

Waiting For Home Price Crash?

We have heard people say that they’ll wait for the elevated home prices to crash before they re-enter the market. A couple of factors work against this happening in reality and psychologically. 1. Home equity is too substantial for most...
View Article

Recession 2023?

Chapman’s Business forecast joined the consistent chorus of economists anticipating a mild to moderate recession by mid to late 2023. One common predictor used was the drop of the 10 year Treasury Bond below the Federal Funds Rate. A cross...
View Article

A Cooling Of The Rental Market…

The rising rental rates that spiked earlier this year have begun to cool down this winter. Zillow’s Observed Rent Index saw a year over year rent peaking at 17% in February 2022. It has slowed to 11% increase in September....
View Article

A Buying Trend On Pause Or Going Away?

We all saw the ads for deep pocketed companies willing to buy our home on the cheap and easy. No cleaning it up for showings, no fixing of leaks, no new painting required. In exchange for a quick and mostly...
View Article

Does Sky High Have Its Limits?

Most assuredly the answer to this concerning question is undoubtedly yes; the more pressing question is, “are we there?” —And of course there are varied answers depending on whose opinion you most value. From a personal standpoint, if you are...
View Article

You Should Have Bought That House Last Year…

That’s what many unfortunate; would be homeowners are muttering under their breath, if they paid attention to the roughly 25% appreciation single-family homes garnered in our comparison of year over year numbers. So yes, if you didn’t pull the trigger...
View Article


equal-housing-lender