Reported 1 day ago
Tomo CEO Greg Schwartz shares crucial advice for homebuyers navigating the current housing market, emphasizing that despite ongoing interest and challenges, there is no 'perfect moment' to buy. He recommends obtaining a loan estimate, using median income as a benchmark to determine affordability, and understanding personal debt-to-income and credit situations. Although rising mortgage rates and insurance costs remain challenges, potential buyers should remain informed and prepared.
Source: YAHOO