In 2025, many homebuyers are asking the same question: should I keep renting, or is it finally time to buy a home? At first glance, renting still appears to be the cheaper option. In many U.S. cities, the monthly rent on a typical apartment is about $900 less than the mortgage payment for a starter home. But the story doesn’t end there.
One of the most common questions Kenn Bartley hears from clients at kennbartley.com is: “What credit score do I need to get approved for a mortgage?” In 2025, the answer depends on the type of loan you’re applying for—but there’s encouraging news for buyers across the credit spectrum.
Affordability is always a central concern for homebuyers, but with mortgage rates higher and home prices elevated, many are reassessing what they can realistically buy. The uncomfortable reality: homes that seemed within reach may now stretch monthly budgets too thin. The encouraging truth: even small improvements in mortgage terms — a slightly lower rate, longer timeline, or better down payment — can expand your buying power. In this post, let’s break down how to calculate your affordable range, show you examples, and offer strategies to stretch your budget.
Many homebuyers and homeowners waiting to refinance are holding their breath: will mortgage rates drop soon? With recent talk of a potential Fed rate cut, that hope is understandable. But the truth is more nuanced. Mortgage rates don’t always move in lockstep with the Fed. In this article, we’ll explore what drives mortgage rates, where they stand now, what forecasts suggest, and how you can position yourself.
