Once you’re in the market to buy a home, you’re going to notice every little thing you hear about the housing market. It could be on the TV, a headline or article online, friends, family, coworkers — everyone has an opinion on how the real […]
5 financial benefits to owning your home instead of renting
Owning a home has great financial benefits. In a recent research paper titled “Homeownership and the American Dream,” Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained: “Homeownership appears to help borrowers accumulate housing and non-housing wealth in a variety of ways, […]
Your FICO score and how it affects your mortgage
Are you about to apply for a mortgage loan in order to buy a home? If so, you may be curious about your FICO credit score and how this might affect your financing. Here’s a look at how FICO scores can affect your mortgage and […]
‘Distressed’ properties: Foreclosures, REO’s, Short Sales
A “Distressed” property is the industry term encompassing foreclosures, bank owned (REO) and short sales. Many people think that going after foreclosures is a good way of getting a good deal. It can be. But it can also be a risky purchase, and tough to […]
What’s the latest on mortgage interest rates?
Mortgage rates have fallen by over a full percentage point since the 4th quarter of 2018, settling at near historic lows. This is big news for buyers looking to get more for their money in the current housing market. According to Freddie Mac’s Primary Mortgage […]
The right photos can make or break your home sale
There’s a lot that goes into successfully selling your home, from listing at the right time to hiring the right agent. But there’s one asset you might not have thought of that can make or break your home sale — and that’s the right photos. […]
Want to build wealth? Buy a home — and buy it early
It’s safe to assume that pretty much everyone wants to build wealth — and continue to build wealth throughout their life. But how, exactly, do you do that? According to the data, you build wealth by buying real estate — and buying it early. According […]
Now or Later? When is the best time to sell for you?
When it comes to selling your home, you want to make sure you list and sell at the right time. But the “right time” can vary from person to person. What might be the perfect time for your neighbor or friend to sell might be […]
Are mortgage myths holding you back from buying a home?
A recent survey from Fannie Mae finds that a huge percentage of Americans are overestimating what it takes to secure a mortgage — and those misconceptions about mortgage qualifications could be holding people back from purchasing their dream home. Fannie Mae’s survey aimed at exploring […]
American confidence in housing at an all-time high
Fannie Mae has released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore, the HPSI reflects consumers’ current […]
