Cutler Blog
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Why We Aren't Headed for a Housing Crash
If you're holding out hope that the housing market is going to crash and bring home prices back down, here's a look at what the data shows. And spoiler alert: that's not in the cards. Instead, experts say home prices are going to keep going up.
Today's market is very different than it was before the housing crash in 2008. Here's why.
It's Harder To Get a Loan Now – and That's Actually a Good Thing
It was much easier to get a home loan during the lead-up to the 2008 housing crisis than it is today. Back then, banks had different lending standards, making it easy for just about anyone to qualify for a home loan or refinance an existing one.
Things are different today....
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Why So Many People Fall in Love with Homeownership
Chances are at some point in your life you've heard the phrase, home is where the heart is. There's a reason that's said so often. Becoming a homeowner is emotional.
So, if you're trying to decide if you want to keep on renting or if you're ready to buy a home this year, here's why it's so easy to fall in love with homeownership.
Customizing to Your Heart's Desire
Your house should be a space that's uniquely you. And, if you're a renter, that can be hard to achieve. When you rent, the paint colors are usually the standard shade of white, you don't have much control over the upgrades, and you've got to be careful how many holes you put in the walls. But when you'r...
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Why Pre-Approval Is Even More Important This Year
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 figure out what they're willing to loan you. According to Investopedia, this includes things like your W-2, tax returns, credit score, bank statements, and more.
From there, they'll give y...
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Don't Wait Until Spring To Sell Your House
As you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season, you don't actually need to wait until spring to sell. Here's why.
1. Take Advantage of Lower Mortgage Rates
Last October, the 30-year fixed mortgage rates peaked at 7.79%. In January, they hit their lowest level since May. That means you may not feel as locked-in to your current mortgage rate right now. That downward trend in rates has made moving more affordable now than it was just a few months...
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Are More Homeowners Selling as Mortgage Rates Come Down?
If you're looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there's another way this benefits you – it may inspire more homeowners to put their houses up for sale.
The Mortgage Rate Lock-In Effect
Over the past year, one factor that's really limited the options for your move is how few homes were on the market. That's because many homeowners chose to delay their plans to sell once mortgage rates went up. An article from Freddie Mac explains:
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