Homebuyer How-to: Leveraging Your Equity
Home>>Mortgage News>> Homebuyer How-to: Leveraging Your Equity One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. Bankrate explains it like this: […]
Why Buying a Home Is a Sound Decision
Home>>Mortgage News>> Why Buying a Home Is a Sound Decision Why Buying a Home Is a Sound Decision If you’re thinking about buying a home, you want to know that the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your […]
Balancing Your Wants and Needs as a Homebuyer This Spring
Home>>Mortgage News>> Balancing Your Wants and Needs as a Homebuyer This Spring Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. Balancing Your Wants and Needs as a Homebuyer This Spring The Monthly Housing Market Trends Report from realtor.com puts it […]
4 Tips for Making Your Best Offer on a Home
Home>>Mortgage News>> 4 Tips for Making Your Best Offer on a Home Are you planning to buy a home this spring? Though things are more balanced than they were at the height of the pandemic, it’s still a sellers’ market. So, when you find the home you want to buy, remember these four tips to make your […]
Market Update March 2023
Mortgage News>> Market Update March 2023 Market Update March 2023 WHAT A MISS December’s payroll numbers posted a gain of 260,000 new jobs, far exceeding expectations. Experts couldn’t have had a greater miss on January’s payroll numbers. The market estimated that the payroll numbers would post an estimated 187,000 new jobs. Instead, payrolls increased in […]
One Major Benefit of Investing in a Home
Home>>Mortgage News>> One Major Benefit of Investing in a Home One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac: One Major Benefit of Investing in a Home “Building equity through your monthly principal payments and appreciation is a critical part of […]
Should You Consider Buying A Newly Built Home?
Home>>Mortgage News>> Should You Consider Buying A Newly Built Home? If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, and that includes a home that’s newly built. Should You Consider Buying A Newly Built […]
What You Should Know About Closing Costs
Home>>Mortgage News>> What You Should Know About Closing Costs Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. What You Should Know About Closing Costs To ensure you aren’t caught off […]
National Homebuyer’s Fund Down Payment Assistance
Home>>Mortgage News>> National Homebuyer’s Fund Down Payment Assistance Are you planning on purchasing a home in the year 2023? The National Homebuyer’s Fund offers assistance in 47 states (excluding: New York, Massachusetts, and Washington) National Homebuyer’s Fund Down Payment Assistance If you are on the search for a home in the new year and need […]
Pre-Approval in 2023: What You Need To Know
Home>>Mortgage News>> Pre-Approval in 2023: What You Need To Know One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you Pre-Approval in 2023: What You Need To Know Business Insider explains: “In a preapproval [sic], the lender […]