With mortgage rates soaring to the highest they've been in 20 years, Americans are wondering what it means for the housing market and economy, especially now that it's 2023. Financial expert and mortgage advisor, Erica Davis, The Stylish Lender, is here to answer all questions on this topic.

Whether you’re looking to buy your second home at the beach, a vacation property, or finally get in on that first-time buyer deal, today’s guest and her team can help! If you’re curious about this year’s forecasts, listen now. Erica covers everything from what should you buy, sell, rent, and refinance, as well as interest rates, rising rents, and the biggest mistakes for first-time home buyers.

Key Takeaways:

• Overview of the 2023 mortgage trends, predictions, and forecast
• The housing market trends happening right now
• How to save for a down payment for a first home
• How house values are changing in the current market
• The benefits of buying and selling right now
• How to refinance a home to get out of debt
• What buying down your interest rate means for your monthly payment
• What to do if you’re experiencing rising rent
• How to save enough money to buy a house
• First-time home buyers' mistakes to avoid 

Learn more at: TheStylishLender.com. You can find all the links in the show notes at RonandLisa.com/Podcast.