Posts Tagged ‘down payment’
Prices toll on affordability By Fidelity Mortgage
Every U.S. metro area tracked by the National Association of Realtors (NAR) in the third quarter of 2020 saw home prices rise, driven by unprecedented demand, low mortgage rates and depleted nationwide housing inventory. In October, the...
Get The Home You Want, Millennials: Smart Strategies For First-Time Homebuyers By RealtyTimes.com
Hey, Millennials. Come on into the real estate market! We really need you to buy some homes so we can keep chugging along. Oh, wait. Prices are rising and so are interest rates, plus inventory is scary low. Hmmm. Well, come on in anyway, w...
FHA Loan Requirements: What Home Buyers Need to Qualify By Realtor.com
designer491/iStock If you're looking up "FHA loan requirements," you are very likely wondering if you qualify for an FHA loan. These mortgages, which are insured by the Federal Housing Administration, help home...
Fact or Fiction? 6 Down Payment Myths You Should Stop Believing Immediately By Realtor.com
If you're thinking about buying your first home, that pesky down payment has probably kept you awake more than a few nights. We get it—while a pre-approval is crucial for determining your buying power, it's the down payment that shows yo...
There’s more to refinancing than low mortgage rates By Post Independent
Mortgage rates are very low, so it must be time to refinance your home, right? While that will be the case for some borrowers, local lenders are taking a cautious stance. It depends “When you quote a rate, everybody wants the...
Saving Up for a Down Payment? Here’s Where To Put Your Money By Realtor.com
MonthiraYodtiwong/Getty Images The coronavirus crisis has heightened financial anxiety and uncertainty. But if buying a home has been part of your life plan, there's no need to panic. Many Americans will receive stimulus payments in the com...
The Most Expensive Mistakes a Home Buyer Can Make By MSN.com (bobvila)
The Most Expensive Mistakes a Home Buyer Can Make A home is the single largest purchase most people ever make, but if you’re a newbie to real estate transactions, it can also be one of the most confusing. With so much money on the tab...
3 types of borrowers who don’t think they can get a mortgage (but really can) By MSN.com
The American dream of homeownership seems attainable for everyone but you. Maybe you don't have a large down payment saved up, or you've been at your job for less than a year. Perhaps you have dings on your credit report. © @kipnrandyj...