Categories for Michigan

Do You Know How Much Equity You Have?

The low mortgage rate you locked in a few years ago might make moving feel off the table. But your equity could put it back on. Homeowners with a mortgage have an average of $310K in equity right now. That could go toward a bigger down payment, so you borrow ...

Continue Reading

Why Most People Are Still Glad They Bought a Home

With everything going on, it’s understandable if you’re wondering if you’d regret buying right now. Everyday expenses cost more. Mortgage rates are higher than you’d like. And when the economy feels uncertain, taking on a mortgage can feel like a much bigger leap. But here’s some perspective that may help… ...

Continue Reading

Renovate or Relocate? What To Know Before You Decide To Age in Place

You’ve spent years making your house feel like home, celebrating milestones, making each room your own, and turning neighbors into friends. As you look ahead to the next chapter of your life, it’s natural to wonder if this is still the place you want to spend it. Whether you’re leaning ...

Continue Reading

Myth vs. Reality: Does the Fed Control Mortgage Rates?

You’ve probably heard the Federal Reserve (the Fed) is raising rates again. And if you’re planning to buy or sell a house, you may be wondering what that means for you. With all the headlines, it’s easy to think the Fed sets mortgage rates. That’s actually a common myth. But ...

Continue Reading