Buying a home, especially for new home buyers, can be overwhelming. There are a number of variables to consider. If it's your first time in the market, you may not know where to start.
Real estate experts Tom Postilio and Mickey Conlon shed light on some of the most common mistakes people make when buying a home. They share some tips on how to avoid them.
Postilio and Conlon also discuss the questions that home buyers should be asking both themselves, and their realtors, before signing on a home. The first is, "should I even be buying a home?" Positilio and Conlon say that many people come to them thinking they can afford a certain home and realize that, in fact, they can't.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.