Category: Home Buying

A family reviewing a promissory note and home purchase paperwork at a kitchen table

IRS-Published Family Loan Strategy Lets Parents Help Adult Children Buy Homes Without a Gift Tax Return When Annual Forgiveness Stays Under the Limit

 Joshua Adkins  August 30, 2026

A long-running intrafamily loan can work if the note is written, the rate meets IRS rules, and yearly forgiveness stays within the annual exclusion.

A house for sale sign in front of a suburban home

Higher Mortgage Rates Leave Most U.S. Home Markets Tilted Toward Buyers as Redfin Says Nearly Eight in Ten Major Metros Now Favor Shoppers

 Joshua Adkins  August 29, 2026

Redfin says buyers have regained leverage in most major metros even as mortgage rates stayed above earlier forecasts for 2026.

A row of houses with a for sale sign as mortgage rates stay above 6.5 percent

Mortgage Rates Hold Above 6.5% as Freddie Mac Reports 6.66% on the 30-Year Loan and Forecasts Point to More Pressure Into Late 2026

 Joshua Adkins  August 29, 2026

Freddie Mac’s latest reading shows borrowing costs edging higher again while bond yields and inflation concerns keep pressure on home loans.

A house key and mortgage paperwork beside a veteran home loan rate chart

VA Loan Rates Hold Near 6.29 Percent as CNBC Select Highlights Lenders for Veterans and Active-Duty Borrowers Seeking No Down Payment Options

 Joshua Adkins  August 29, 2026

Optimal Blue’s latest reading shows VA mortgage rates edging up, while CNBC Select points to lenders that stand out for service, rate, and online tools.

People learning about homebuyer assistance at a free Fort Worth fair

Free Fort Worth Homebuyer Fair Will Connect Families With up to $25,000 in Down Payment Help, Counseling and Renovated Homes in Carroll Park

 Joshua Adkins  August 29, 2026

City and Housing Channel are offering a free fair, homebuyer counseling and details on local assistance programs for eligible buyers.

A for-sale home sign outside a suburban house as buyers wait for lower mortgage rates

Survey Finds Most Delayed Homebuyers Want Mortgage Rates to Reach 5% Before Buying, Even as Freddie Mac Put the Average at 6.66% on Aug. 27

 Joshua Adkins  August 28, 2026

Neighbors Bank said many prospective buyers are waiting for a lower rate, but some worry that delaying could mean facing more competition and higher prices later.

A newly built house in Henrico County tied to the county's affordable housing program

Henrico County Housing Trust Fund Helps 87 New Homeowners as Data Center Revenue Covers Closing Costs and Fee Waivers for First Time Buyers

 Joshua Adkins  August 28, 2026

A county program tied to data center revenue is reducing purchase prices and fees for qualifying residents, with more homes still in the pipeline.

A house key resting beside mortgage paperwork and a calculator on a table

Mortgage Rates Climb to a Three Week High as MBA Says Applications Slip and Refinance Demand Falls Further in a Cooler U.S. Purchase Market

 Joshua Adkins  August 27, 2026

The Mortgage Bankers Association said higher borrowing costs pushed total applications down 1% last week, with refinance demand taking the biggest hit.

A suburban home in Salt Lake County with mountains in the background

Salt Lake County Homebuyers Need $186,000 in Income to Afford the Median Priced Single Family Home, a Two Year High in the Second Quarter of 2026

 Joshua Adkins  August 27, 2026

A new housing report says the income needed to buy a typical home in the county climbed to its highest level in two years.

A homeowner reviewing refinance paperwork next to a calculator and house keys

Bankrate Says Most Refinance Borrowers Still Pay Above the Best Available Rate in 2025 as Closing Costs and Break-Even Math Shape Savings

 Joshua Adkins  August 27, 2026

A Bankrate explainer says refinancing can still help some homeowners, but shopping, fees and loan terms matter as much as the headline rate.