Josiah BurdgeMortgage rates have been on a rollercoaster over the past two years, leaving many buyers wondering: should you wait for lower rates before buying a home, or move forward now? While the thought of snagging a cheaper monthly payment is appealing, the decision is more complex than just predicting interest rates.
Josiah BurdgeArtificial intelligence (AI) is reshaping industries across the globe—and housing is no exception. From online mortgage calculators to AI-powered chatbots, today’s technology is making it easier for homebuyers to understand their options, compare costs, and even plan for long-term affordability. But how far can these tools go in helping you buy—and afford—a home?
Josiah BurdgeAs of mid‑2025, the U.S. housing market continues its shift toward balance. Homes are staying on the market longer, inventory is rising, and price gains are moderating—creating a more level playing field.
Josiah BurdgeThe 20% Down Payment Myth For years, homebuyers were led to believe they needed a 20% down payment to purchase a home. While putting down 20% does have benefits—like avoiding private mortgage insurance (PMI) and lowering your monthly payment—it’s no longer the norm. In fact, according to recent housing data, the average down payment for first-time buyers is closer to 6-7%, and even lower for some buyers using government-backed loans.
