Danette’s Real Estate Corner

Many experts expected rates to fall. Instead, they've stayed higher. Here's why that may not be the question buyers should be asking. One of the most common questions homebuyers are asking today is, "Are mortgage rates going up or down?" It's an understandable concern because mortgage rates directly affect monthly payments and purchasing power. Many buyers have delayed purchasing in hopes that rates would decline significantly. The reality is that mortgage rates have been much more stubborn than economists anticipated. Throughout 2025 and into 2026, many respected housing economists and mortgage analysts projected that rates would gradually move lower as inflation cooled and economic conditions improved. Instead, persistent inflation, global events, and ongoing uncertainty in the bond market have kept mortgage rates higher than expected. Several major forecasters have revised their outlooks upward as the year has progressed, acknowledging that the path to low...

For most families, their home is their largest financial asset. That's why it's important to understand a growing type of real estate crime known as title fraud. While it is not common, title fraud can create significant headaches for property owners and is worth understanding as part of protecting your investment. Title fraud occurs when a criminal uses stolen personal information to impersonate a property owner and files fraudulent documents that appear to transfer ownership or place a loan against a property. In some cases, criminals target vacant land, rental properties, vacation homes, or homes owned free and clear because these properties may be less closely monitored. Fortunately, title fraud does not mean someone can simply take your home overnight. Real estate ownership records, title companies, lenders, and legal procedures provide multiple layers of protection. However, discovering fraudulent activity early can make resolving problems much easier and less costly. ...

For many homeowners, paying off the mortgage early represents more than just eliminating a monthly payment. It can provide peace of mind, financial flexibility, increased cash flow, and a stronger long-term wealth position. While some people choose to keep a mortgage for investment or tax-planning reasons, others place a high value on the security and freedom that come with owning their home outright. The right strategy depends on personal goals, income stability, risk tolerance, and stage of life, but for homeowners who want to accelerate their payoff, even small changes can make a meaningful difference over time. Why Some Homeowners Want Their Mortgage Paid Off One of the biggest motivations is simply reducing financial stress. Knowing that the roof over your head is fully paid for can create tremendous emotional comfort, especially during uncertain economic periods, job changes, or retirement years. For retirees or those nearing retirement, eliminating a mortgage can significan...