The Mortgage Corner with Greenstate Credit Union: Summer is a Great Time to Revisit Your Homeownership Goals

As the warm days of July roll across Iowa, it’s the perfect time to check in on your homeownership goals. Whether you're looking to buy your first home, refinance, or upgrade to a place with more space, GreenState is here to help you navigate the mortgage process with confidence.

Here’s why July is a smart time to act:

Summer Listings Are in Full Swing
The summer market typically brings more inventory, giving buyers more options and negotiating power. Local neighborhoods are buzzing with activity—now is a great time to explore what's out there.

Competitive Rates, Local Guidance
Mortgage rates continue to shift, but we offer

The 3 Biggest Non-Financial Benefits of Owning a Home

Source: KCM

Buying and owning your own home can have a big impact on your life. While there are financial reasons to become a homeowner, it’s essential to think about the non-financial benefits that make a home more than just a place to live.

Here are three of the top non-financial reasons to buy a home.

According to Fannie Mae, 94% of survey respondents say “Having Control Over What You Do with Your Living Space” is a top reason to own.

Your home is truly your own space. If you own a home, unless there are specific homeowner association requirements, you can decorate and change it the way you like. That means you can make small changes or even do big renovations to make your home

Why Homeownership Wins in the Long Run

Article from KCM

Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership when making your decision.

Consider this: if you know people who bought a home 5, 10, or even 30 years ago, you’re probably going to have a hard time finding someone who regrets their decision. Why is that? The reason is tied to how home values grow with time and how, by extension, that grows your own wealth. That may be why, in a recent Fannie Mae survey, 70% of respondents say they believe