Advanced Funding Home Mortgage Loans

06/15/2026

Learn how mortgage pre-approval works, why it matters, and how to get approved so you can confidently start your home search.

Learn how mortgage pre-approval works, why it matters, and how to get approved so you can confidently start your home search.

06/12/2026

Can you make an offer on a pending home? Learn what pending means, why deals fall through, and how to submit a backup offer in today’s housing market.

Can you make an offer on a pending home? Learn what pending means, why deals fall through, and how to submit a backup offer in today’s housing market.

06/11/2026

🏡 Mortgage rates moved up a bit this week.

According to Freddie Mac, the average 30-year fixed rate increased to 6.52%, up from 6.49% last week.

That’s not a huge change, but what’s interesting is that buyers seem to be adjusting to today’s rate environment. Existing home sales recently hit a five-month high, suggesting more people are deciding to move forward rather than waiting for the “perfect” rate.

06/11/2026

🏡 Home prices just hit another record.

According to Redfin, the median U.S. home-sale price reached a record $400,894 during the four weeks ending June 7, up 1.5% from a year ago.

Buyers may have more choices and more negotiating power today, but home prices are still holding strong across much of the country.

06/10/2026

Understand how adjustable-rate mortgages (ARMs) work, including fixed periods, rate adjustments, indexes, and smart strategies to manage changing payments.

Understand how adjustable-rate mortgages (ARMs) work, including fixed periods, rate adjustments, indexes, and smart strategies to manage changing payments.

06/09/2026

Existing home sales picked up in May, reaching their strongest pace since December.

• Existing Home Sales: 4.17 million annualized (+3.2% month-over-month)
• Inventory: 1.55 million homes (+3.3%)
• Months Supply: 4.5 months (unchanged)
• Median Home Price: $429,300 (+1.3% year-over-year)

Takeaway: The housing market is showing signs of improving activity, with sales increasing and inventory growing. However, limited supply continues to support home values despite higher mortgage rates.

06/09/2026

Buyers continue to have more leverage in today’s housing market.

According to Redfin, there were approximately 46.9% more home sellers than buyers in May. That’s slightly higher than April’s 46.4%, though still below the recent peak of 49.5% reached in December 2025.

With more sellers competing for fewer buyers, many markets are seeing increased inventory, more price reductions, and greater opportunities for buyers to negotiate.

Bottom line: The market is becoming more balanced than we’ve seen in recent years, giving buyers more choices and more bargaining power than they had during the seller-driven market of 2021-2022.

06/08/2026

Learn how to use a VA loan calculator to estimate payments, plan your budget, and buy a home with confidence using your VA benefits.

Learn how to use a VA loan calculator to estimate payments, plan your budget, and buy a home with confidence using your VA benefits.

06/05/2026

The U.S. economy added 172,000 jobs in May, crushing expectations of 85,000.

The unemployment rate came in at 4.3%, right in line with forecasts. Meanwhile, April’s payroll number was revised higher by 64,000 jobs, making the labor market look even stronger than previously reported.

This marks the second-strongest jobs report in the last 13 months and is another sign that the economy remains remarkably resilient.

For mortgage rates, stronger job growth isn’t always good news. A labor market that continues to outperform expectations can keep inflation concerns alive and make it harder for the Federal Reserve to cut rates.

06/05/2026

Discover how to qualify as a first-time homebuyer, including credit score, DTI, income limits, and how to access grants and assistance programs.

Discover how to qualify as a first-time homebuyer, including credit score, DTI, income limits, and how to access grants and assistance programs.