Did you know? Homeowners are often able to put more money down when they buy their next home.
Whether you’re a first-time buyer or a seasoned homeowner, shopping for a new home can feel daunting. In fact, 56% of buyers said that “finding the right property” was the most difficult step in the home buying process.1 Buying a home is a significant commitment of both time and money. And a home purchase has…
It’s no secret that affordability is tough with where mortgage rates and home prices are right now.
It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says: “The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth.” That’s great for your…
Check out the interesting article at BankRate.com that describes how Floridians are paying the 9th highest closing costs in the nation. Besides lender fees and title charges, don’t forget about your pre-paid taxes and your insurance premiums when you’re calculating how much to save for your down-payment. Here in South Florida, your insurance premiums are…
Even if you didn’t own a home at the time, you probably remember the housing crisis in 2008.
Your credit score plays a big role in the homebuying process.