If you’ve been thinking about buying a home, mortgage rates are probably top of mind for you. They may even be why you’ve put your plans on hold for now. When rates climbed near 8% last year, some buyers found the numbers just didn’t make sense for their budget anymore. That may be the case … Continue reading What Mortgage Rate Do You Need To Move?
Recent headlines may leave you wondering what’s next for mortgage rates. Maybe you’d previously heard there were going to be cuts this year that would bring rates down. That refers to the Federal Reserve (the Fed) and what they do to their Fed Funds Rate. While cutting, or lowering, the Fed Funds Rate doesn’t directly … Continue reading What’s the Latest with Today’s Mortgage Rates?
On the road to becoming a homeowner? If so, you may have heard the term pre-approval get tossed around. Let’s break down what it is and why it’s important if you’re looking to buy a home in 2024. What Pre-Approval Is As part of the homebuying process, your lender will look at your finances to … Continue reading Why Pre-Approval Is Even More Important This Year
Thinking about using your 401(k) to buy a home? Maybe think again. Are you dreaming of buying your own home and wondering about how you’ll save for a down payment? You’re not alone. Some people think about tapping into their 401(k) savings to make it happen. But before you decide to dip into your retirement … Continue reading Thinking About Using Your 401(k) To Buy a Home?
If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why? The answer is complicated because there’s a lot that can influence mortgage rates. Here are just … Continue reading 2 of the Factors That Impact Mortgage Rates
If you’re planning to buy a home, knowing what to budget for and how to save may sound intimidating–but it doesn’t have to be. One way to ease those concerns is to make sure you understand some of the costs you may encounter up front. And to do that, always turn to trusted mortgage and … Continue reading What To Know About Saving for a Home in 2024
For more than 79 years, Veterans Affairs (VA) home loans have helped millions of veterans buy their own homes. In November, we celebrated Veterans, as we do every year in honor of Veterans Day. But, at Butler Mortgage, we celebrate and honor Veterans and their families all year long. That’s why we wanted to share … Continue reading Our Local Heroes Can Dream of Homeownership Now
The idea of owning a home has always been a big part of the American Dream. It’s a symbol of stability, independence, and having a place to truly call your own. But for Gen Z, the “Zoomers” born between 1997 and 2012, making that dream a reality can feel like quite the challenge today with … Continue reading Homeownership Strategies for Overwhelmed Gen Z
Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried about home affordability too, know that even though rates are high right now, … Continue reading Your Home Equity Can Offset Home Affordability Challenges
If you’re looking to buy a home this fall, there are a few things you need to know. Affordability is tight with today’s mortgage rates and rising home prices. At the same time, there’s a limited number of homes on the market right now and that’s creating some competition among buyers. But, if you’re strategic, … Continue reading Beginning with the Pre-Approval