First-time home buyer? This could be your year!

Thinking about buying your first home? 2015 is shaping up to be a great year for first-time home buyers.

While mortgage rates are expected to increase this year, rates are expected to rise to only about 5 percent by year-end. Don’t think rates in that range are all that good? Think again. (Just go here and check what rates were like in the mid-1980s!)

Job growth is expected to continue in most areas of the country and the broader economy is expected to continue to improve as well. Changes designed to make it easier to quality for home loans are another plus, designed to help first-time and other low- to moderate-income families buy homes of their own. And then there’s a new study that compares buying a home to renting. According to the report, with rents soaring nationwide, renting a home is half as affordable as buying one. Curious about whether the time is right for you to purchase a home? We can help!