Right now, U.S. homeowners are holding onto a record $11.5 trillion in tappable equity—the kind you can borrow without selling your home or sacrificing your 20% equity cushion. And here’s the kicker: it just got cheaper to access that cash. Rates on home equity lines of credit (HELOCs) have dropped, making it one of the best times in years to put your home’s value to work. But the big question...
Wondering about mortgage rates this winter? Get the insights. As the temperatures drop in Grand Forks, so do the questions about mortgage rates. Are they freezing in place? Heating up? Or doing something as unpredictable as North Dakota weather? Whether you’re a first-time home buyer, upgrading to your dream home, part of our military community, or a growing family looking for more space,...
Will Fall 2024 Be the Season to Buy? How Shifting Mortgage Rates Could Change the Grand Forks Market As we enter the final stretch of 2024, one of the hottest topics in real estate continues to be mortgage rates. After hovering around 6% for much of the year, there are signs that rates could drop even further following recent actions by the Federal Reserve. For buyers and sellers in the Grand Forks...
Introduction Buying a home is a significant milestone, but navigating the mortgage process can be daunting. One essential step in this journey is obtaining mortgage pre approval. In this guide, we'll walk you through everything you need to know about mortgage pre approval, from its definition to its benefits and application process. What is Mortgage Pre Approval? Mortgage preapproval is a preliminary...
Compare listings
Compare