Experts forecast 30-year mortgage rates around 5.9%-6.2% by late 2025. Rates remain above pre-pandemic levels, limiting significant affordability gains.

The US mortgage market has provided consumers with an estimated USD 600 billion since early 2022. This financial cushion has undermined the effectiveness of monetary policy and maintained consumer spending resilience.

Zero-down mortgages allow buyers to finance 100% of a home’s purchase price, eliminating down payment requirements.VA and USDA loans offer no-down-payment options for eligible service members and rural homebuyers, respectively.

The Federal Reserve plans multiple rate cuts, continuing into 2025, which could lower mortgage rates significantly. Refinancing in 2025 may offer better savings as rates could drop into the 5% range or lower.

Rate-and-term refinancing changes your rate, term, or loan type, helping lower payments or shorten loan duration.A cash-out refinance lets you borrow more than your mortgage balance, using home equity for cash needs.

Realtor Fees: 5.05% of Sale Price Closing Costs: 3.23% of Sale Price Title insurance, transfer taxes, and other fees. For a $350,000 home: ~$11,305

Bankruptcy or foreclosure remains on your credit report for at least seven years, affecting eligibility. Rebuilding credit requires paying bills on time and maintaining a low credit utilization ratio.

Evaluate the fixer-upper's potential by considering the location and identifying any hidden structural issues through inspection.Ensure the existing layout and foundation align with your vision, focusing on homes that need mainly cosmetic changes.

Pittsburgh has a millennial homeownership rate of ~51%. The city is known for its affordable housing market and low cost of living compared to other major US cities. Pittsburgh’s economy has shifted from manufacturing to technology, healthcare, and education, providing diverse job opportunities. The city's rich cultural scene, with museums and arts districts, appeals to…

Real Estate rehab loans finance property renovations, helping homeowners and investors increase home value and profits.Common rehab loans include FHA 203(k), HomeStyle Renovation Mortgage, and hard money loans for quick funding.