If you’ve been wanting to sell your house and move up to a bigger or nicer home, you’re not alone.

Affordability is based on three key factors: mortgage rates, home prices, and wages. 

After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move.

That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments.

If you’re wondering if you should buy now or wait, here’s what you need to know. 

Mortgage rates are trending down and that’s great news for your bottom line.

If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent.

Mortgage rates have hit their lowest point in over a year and a half.

A shift is underway in the housing market this season.

You won’t find anyone who’s going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years.