“Lenders review your credit to assess your ability to make payments on time, to pay back debts, and more.” If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying...
“Just because the median price changes, it doesn’t mean home prices are falling.” The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on...
“One of the biggest misconceptions among housing consumers is what the typical down payment is and what amount is needed to enter homeownership.” If you’re planning to buy your first home, then you’re probably focused on saving for all the...
“When a house is sold, it can make a big difference in the local economy. ” If you’re thinking about buying or selling a house, it’s important to know that it doesn’t just affect your life, but also your community.The National...
“While mortgage rates are a key part of your decision on what you’ll buy next, it’s important to not lose sight of the reason you want to make a change in the first place.” If you’re thinking about selling your house right now, chances are...
“For home prices, there are two different methods used to compare home prices over different time periods: year-over-year (Y-O-Y) and month-over-month (M-O-M). Here’s an explanation of each.” Media coverage about what’s happening with home prices...
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