What To Save for When Buying a Home

Knowing what to budget for when buying a home may feel intimidating — but it doesn’t have to be.

Knowing what to budget for when buying a home may feel intimidating — but it doesn’t have to be.
Buying a home has powerful financial and non-financial benefits.
A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home. If you feel the same way, the good news is there are many down payment…
Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means signs say there won’t be a wave of foreclosures…
If you’re thinking about buying a home, chances are you’ve got mortgage rates on your mind.
As you set out to buy a home, saving for a down payment is likely top of mind. But you may still have questions about the process, including how much to save and where to start. If that sounds like you, your down payment could be more in reach than you originally thought. Here’s why….