While a 2% mortgage rate may feel like a distant dream, some buyers in 2024 are actually pulling it off. No, this isn’t not magic. It's called an assumable mortgage.
Fewer homes went under contract in May—but sales could pick up as mortgage rates continue to dip.
Buying a home at a time when both prices and mortgage rates are high may seem like insanity to some cost-conscious buyers. However, it could wind up being a financially savvy decision.
It may become a little more affordable to purchase a home this summer. Here's the latest on what interest rates are doing and what it means for you.
Across the country, all-cash buyers purchased about 28% of homes in April, according to the National Association of Realtors.