
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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![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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Why the Median Home Price Is Meaningless in Today’s Market
The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel
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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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