hodgesmaria+Followmortgage rate shock: $2,500 vs $3,800 a month A family shared their story: in 2021, a $400,000 home at 3% interest meant ~$2,500/month with taxes and insurance. Now? The same home, at 7%, is nearly $3,800/month. That’s $1,300 extra every single month—for the exact same house. Is this sustainable? Or are we headed for a breaking point in the housing market? #House #HousingCost #Mortgage74Share
Heather Moore+FollowAre You Betting Your Home on Lower Rates?Thinking about buying a house? A lot of millennials and Gen Zers are rolling the dice on adjustable-rate mortgages, hoping rates will drop soon so they can refinance. But experts say this is like betting your rent money on a coin toss—if rates don’t fall, your monthly payment could jump, leaving you stressed and stretched. If you’re house hunting, make sure your budget can handle a surprise rate hike! #RealEstate #mortgage #homebuying00Share
Shelly Powell+FollowMortgage Rates Dip—Is It Time to Buy?Heads up, home hunters! Five-year fixed mortgage rates just slipped under 5% for the first time in over a year. That means your dream home might actually be a bit more affordable now. Lenders are rolling out more deals, so if you’ve been waiting for a better rate, this could be your moment. Just remember, house prices and rents are still creeping up, so weigh your options before jumping in! #RealEstate #mortgage #housingmarket166Share
randerson+FollowMortgage Rates Dip—Should You Jump In?Heads up, home shoppers: mortgage rates just hit a 10-month low, but don’t expect this sale to last. Thanks to Wall Street’s changing mood about inflation and the Fed, borrowing is a bit cheaper, and more folks are jumping into the market. If you’ve been waiting to refinance or buy, now’s your window—but with prices still high, it’s not a magic fix for everyone. Watch those rates like you watch your favorite sneaker drops! #RealEstate #mortgage #housingmarket20Share
Aaron Ballard+FollowShould You Refi Now? Here’s Why Everyone’s TalkingHeard the buzz? Mortgage rates just dipped, and suddenly everyone’s calling their lender. Applications for home loans and refinancing jumped over 10% last week! The real drama: folks with bigger mortgages are racing to lock in lower payments, while adjustable-rate loans are making a comeback. If you’ve been on the fence about refinancing, now might be your window—just don’t expect a stampede of new homebuyers yet. Rates are down, but homes are still pricey! #RealEstate #mortgage #refinance00Share
cody79+FollowFannie & Freddie: Your Mortgage Might Get PricierHeads up, homebuyers! The government is thinking about letting Fannie Mae and Freddie Mac go private after 17 years. If this happens, it could mean bigger profits for investors, but also higher mortgage rates for the rest of us. The move could make it tougher for first-time buyers and folks with lower incomes to get a good deal on a home loan. Watch this space if you’re house-hunting soon! #Business #MakeMoney #mortgage113Share
Joel Johnson+FollowFamily Drama Over Mortgage MoneyImagine sending your parents money every month for years to help them keep their house, only to be called 'entitled' when you ask to be added to the deed! That’s what happened to one guy, and now the internet is totally on his side. He’s been paying their mortgage while renting his own place, but when he asked for some security, his parents flipped. Would you keep paying or cut them off? #Relationships #FamilyDrama #Mortgage147Share
megan01+FollowShould You Refi Your Mortgage Now?Thinking about refinancing your mortgage? Rates are still hovering around 6.5% to 7%, so most folks aren’t seeing big savings yet. The drama: The Fed hit pause on rate cuts, waiting to see how President Trump’s economic moves shake out. Unless rates drop below 6%, don’t expect a refi boom. But if you want to shorten your loan or switch to a fixed rate, it might be worth a look. Pro tip: Shop around for the best deal and keep your credit score sharp! #mortgage #refinance #personalfinance #moneymoves #homeowners #RealEstate20Share
davenportmeghan+FollowHow Much Are You Saving on Your Mortgage?Thinking about buying a home or already paying off one? Good news: mortgage rates have dipped, putting about $1,600 a year back in homeowners’ pockets. That’s like a free coffee every day! But don’t get too comfy—experts say rates might bounce up a bit soon. Still, with the housing market cooling off, buyers have more wiggle room. If you’re house-hunting, now’s a smart time to run the numbers and see if you can snag a deal before rates climb again. #RealEstate #mortgage #homebuying00Share
