Category: Buyer Tips
Home affordability at its highest level with low unemployment & mortgage rates in the 3rd quarter of 2019 With mortgage rates at a three-year low and a healthy job market, housing affordability rose to its highest level in three years in the third quarter of 2019, according to the… Read More
Don’t make any more excuses—buying a home is within your reach Owning a home means you can build equity, take advantage of tax deductions, and partake in a little something called the American dream. For the past couple of years, the U.S. homeownership rate has hovered around 64%. But there’s… Read More
Low mortgage rates means greater savings in borrowing costs, but many would-be buyers may be left out Ongoing trade disputes with China prompted mortgage rates to drop sharply this week. The 30-year fixed-rate mortgage averaged 3.60% last week, the lowest average since November 2016, Freddie Mac… Read More
Here’s a few tasks to complete before buying your first home Very few events in your life are going to be as exciting as buying your first home, but first-time buyers need to remember that this process can be very complicated. Well before you make an offer on a home,… Read More
Home prices plummeted during the recession & some buyers are waiting for it to happen again — but they might be waiting longer than expected Home buyers sitting on the sidelines waiting for home prices to backslide might be waiting longer than expected, according to experts. Although the high price… Read More
As 2019’s buying season gets underway, several factors give house hunters an edge If you’re hunting for a house this spring, say goodbye to frenzied bidding wars. And if you’re selling, get ready for good, old-fashioned negotiations. While real estate brokers aren’t declaring a buyer’s market just yet, demand has… Read More
Ask a mortgage lender these questions before you lock in a home loan What are the best questions to ask a mortgage lender before you lock in a home loan? If you want to find the very best mortgage for your needs, it pays to not automatically go with the… Read More
Here’s some tips for preparing your budget before buying your next home It’s virtually impossible to know what size home you can afford if you aren’t fully aware of how much money you are earning and how much you are spending each month. Start with your income: How much do… Read More
Being a first-time home buyer can be overwhelming — but we’ve got you covered The steps to buy a house might seem complicated at first — particularly if you’re a first-time home buyer dipping a toe into real estate for the very first time. Between mortgage rates, property taxes, negotiating… Read More
