Author name: NextMortgage

Looking Back: The Current Housing Market is All Too Familiar

This isn’t the first time the housing market has been here. In the late 1970s, inflation climbed to 14% and home prices surged 14%. It was a seller’s market; buyers were taking what they could get. Eventually, the Federal Reserve raised interest rates to calm down the economy. By 1980, mortgage rates had soared to […]

Looking Back: The Current Housing Market is All Too Familiar Read More »

Homeownership Remains More Affordable than Renting

Both home prices and rent costs have been rising substantially over the past two years. According to the most recent 20-city Case-Shiller home price index, home prices are up 18.4% year-over-year. Single-family rent prices are up 10.9% year-over-year. Though it initially appears that homes are more expensive than rent, it’s important to remember that these

Homeownership Remains More Affordable than Renting Read More »

We use cookies to improve your experience.

By continuing to visit this website, you accept our use of cookies. Read our policy here.