According to CNBC, mortgage applications have risen as interest rates have eased off.
Although rates have been creeping upward - by exactly .25 percent after the Federal Reserve met December 14 - rates are still low.
Fear of making the leap from renter to owner is normal – after all, purchasing a home is one of the biggest financial investments most people make in their lifetime. But did you know that homeownership is one step toward financial security for some?
Thanks in part to income increases and lower mortgage rates, it’s more affordable to be a homeowner in most markets nationwide, according to an article on NationalMortgageNews.com.