Saving for a house might seem difficult, especially as the economy continues to fluctuate. However, that doesn’t mean you have to give up on your home buying dreams! If you want to take your first steps towards homeownership, we have a few simple tricks that can help you build your savings account. How to Save […]
Everybody loves talking about mortgages. They’re fun, easy to understand, and a great icebreaker, right?….Wrong. Thanks to their lengthy process, technical jargon, and confusing options, mortgages have a bit of an intimidating reputation—but it doesn’t have to be that way! If you’re in the process of buying a new home and dreading the mortgage application […]
Real Estate news source Inman recently ran a story about the effect of our gradually increasing interest rates on home affordability. According to Inman, they are around 4.83% this year and projected to increase by around 1% to 5.38% in 2019. For reference, in 2017, interest rates were around 4.25%. These increases don’t seem like […]
When it comes to buying a home, there are more things to consider than you may realize. After all, it’s a lot more complicated than walking into the grocery store to buy a gallon of milk! Buying a home is one of the biggest purchases the average person makes. As such, you can expect there […]
A 20% down payment is a significant chunk of change. But with enough time to prepare and a little bit of creative budgeting, you’ll be able to save up for your new home sooner than you think. Follow these helpful budgeting tips to get started! Break Down Your Budget While it’s never a bad idea […]
For many first-time home buyers, the idea of a 20% down payment is terrifying. It’s one of the biggest obstacles to homeownership. Maybe you want to own a home someday, but the thought of saving up thousands of dollars for a home purchase has deterred you from seriously considering it. Believe it or not, it […]
Wouldn’t it be great to own a place at the beach, in the mountains, or by the lake? If you are seriously considering buying a vacation home, you have probably weighed many of the pros and cons already. But you should carefully consider everything before you buy. Have you taken these additional costs and benefits […]
This time of year, many people like to take a moment and reflect on the year that has passed, whether it’s reflecting on good memories or how the nation is doing financially. Today, we would like to take a moment to reflect on the economy and what this year’s trends meant for real estate. A Brief Look […]
As more millennials are preparing to buy a home, one issue is making it difficult for many — student loans. The Project on Student Debt calculated that just about 7 in 10 college graduates in the Class of 2014 had student loan debt, and on average each student had about $29,000 in loans. With mortgages often amounting […]
If you’re a home buyer, changes to the closing process are coming in just a few day. New regulations go into effect on Saturday, October 3rd, providing new loan disclosure forms that are designed to help you better understand the terms of your home mortgage before you close on your new home. That means if you […]
