
Lending Standards Are Not Like They Were Leading Up to the Crash
You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help prove it. Every month, the Mortgage Bankers Association (MBA) rel
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Why Homeownership Wins in the Long Run
Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership whe
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![Homeownership Helps Protect You from Inflation [INFOGRAPHIC],KCM Crew](https://img.chime.me/image/fs/chimeblog/20230624/16/w600_original_b7ecf990-151c-4cb3-a6d7-cb780cc075b0-png.webp)
Homeownership Helps Protect You from Inflation [INFOGRAPHIC]
Some HighlightsWondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady.Rents typically increase with inflation. Maybe that’s why, according to a recent survey, 65.1% of land
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![How Owning a Home Grows Your Wealth with Time [INFOGRAPHIC],KCM Crew](https://img.chime.me/image/fs/chimeblog/20230617/16/w600_original_0781c9eb-1ad7-4073-b743-3b44f51a5a1b-png.webp)
How Owning a Home Grows Your Wealth with Time [INFOGRAPHIC]
Some HighlightsIf you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.Over time, homeownership allows you to build equity. On average, nationwide home prices appreciated by 290.2% over the last 32 years.That means your net worth can grow significa
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