Jer Cox

Housing affordability has become a significant concern for many, especially for first-time homebuyers. In the United States, the median home price has surged, making it challenging for many to enter the housing market. According to a top publisher, as of October 2024, there were approximately 30 renters for every available home for sale, a sharp increase from less than 10 in 2006, according to Freddie Mac. Understanding Housing Affordability Housing affordability refers to the ability of … [Read more...] about How New Mortgage Technology is Helping Buyers Navigate the Challenging Housing Market

Finding the best mortgage rate is crucial for anyone looking to buy a home. A lower rate can save thousands of dollars over the life of a loan, making it essential for homebuyers to explore all their options. Among these, mortgage brokers stand out as the best choice for securing the lowest rates. 1. The Advantages of Mortgage Brokers Mortgage brokers act as intermediaries between borrowers and lenders. They have access to a wide range of loan products and can compare rates from multiple … [Read more...] about How to Shop for the Lowest Mortgage Rates: Why Mortgage Brokers Shine

Prospective Flagstaff homebuyers often find themselves pondering a crucial question: Is now a good time to buy a home? As the local real estate market continues to evolve, the decision to purchase a home requires careful consideration. From assessing market conditions to understanding financial factors, making an informed decision is essential. As a mortgage loan officer in Flagstaff, here’s what you need to know to navigate this decision. Market Analysis: Flagstaff’s real estate market is … [Read more...] about What to Consider When Buying a Home in Flagstaff Now