The Big Questions Buyers Are Asking If you’re thinking about buying a home, chances are you’ve asked at least one of these questions recently: Will mortgage rates drop soon? Will homes become more affordable in the near future? They’re the most common questions in today’s market—and for good reason. But the answers aren’t black and white. Let’s break down what’s really going on.
What Is the 28% Rule? For decades, financial experts have advised that your housing expenses should stay below 28% of your gross monthly income. Known as the “28% rule,” this guideline includes your mortgage payment, property taxes, homeowners insurance, and (if applicable) HOA dues. It’s a simple formula: If you earn $100,000 a year, your monthly housing costs shouldn’t exceed $2,333. But as home prices have surged and household budgets have become more complex, many buyers are starting to question whether the rule still holds up.
Divorce is rarely simple—especially when real estate is involved. As a divorce lending specialist, I work with divorcing couples to help them understand their mortgage options before final decisions are made. This proactive approach can help ensure that both parties emerge from the process with stability and a clear financial path forward.
A Look at the Current Housing Market If you’re considering buying a home in mid-2025, you’re likely wondering what’s actually happening in the housing market right now. As we approach the midpoint of the year, several key factors—ranging from mortgage rates and housing inventory to economic uncertainty—are shaping your home-buying journey. Here’s an up-to-date snapshot to help you make informed decisions.
