Kate Wood

In this discussion, Kate Wood, NerdWallet's home expert, shares valuable insights on the fluctuating housing market. She reveals whether now is a smart time to buy property or if waiting may yield better results. The conversation dives into rising mortgage rates and the shifting landscape of U.S. cities. Additionally, tips abound for empowering teens to build responsible credit habits. Strategies for transitioning from student life to financial independence and encouraging long-term wealth are explored, making this a must-listen for savvy parents.

Jonathon Haddad, President of Next Door Lending, brings his mortgage brokerage expertise, explaining the financial benefits of using a broker, including potential savings of over $10,000 in interest. Kate Wood, NerdWallet's mortgage expert, tackles budgeting strategies for home buying, highlighting overlooked expenses first-time buyers face. They explore the ins and outs of mortgage shopping, the impact of down payment sizes, and how to navigate today's changing housing market, equipping listeners with essential knowledge for informed decisions.

Kate Wood, a housing expert at NerdWallet, shares invaluable insights on homebuying strategies. She unpacks the often-overlooked role of title agencies, offering tips on how to choose the right one and highlighting potential costs. The discussion pivots to the pros and cons of using home equity versus savings to buy a home outright. Tune in for advice on navigating the current housing market, understanding mortgage options, and balancing emotional and financial goals in real estate decisions.