Buying a Home Can Be Scary…Unless You Know the Facts
Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home, which stops many of them from even trying! Here are some facts:
40% of millennials who purchased homes this year have put down less than 10%.
76.4% of loan applications were approved last month.
The average credit score of approved loans was 724 in September.
There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over...
Here are four great reasons to consider buying a home today instead of waiting.
National Association of Realtors (NAR) has revealed information that suggests that right now continues to be a great time to sell your house.
Many homeowners are not aware that they have regained equity in their homes as their investment has increased in value.
Homeownership has been, is and will always be a crucial element of the American Dream.
If you are ready and willing to buy your dream home, find out if you are able to!
Speculation has driven certain markets over the last year. However, it has not been speculation, but instead people’s desire for homeownership, that has driven the real estate market.
Buyers in the market during the winter months are truly motivated purchasers. They want to buy now.
The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search.
Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.