Despite last decade’s housing market crisis, economists still say that homeownership is one of the keys to buildingwealth. As the old saying goes, it takes money to make money. For many years, the need to put up 20% down payment … Read More
Almost 30% of small businesses fail because the business owner ran out of money, while 42% fail due to the lack of a ready market. Other reasons cited by business owners include poor marketing and ignoring customers. In 2017, only … Read More
United States home prices are on fire. For the first time, the median asking price hit $300,000. Over the past year, home prices have increased by a healthy 7 percent. With temperatures warming, home prices are expected to rise even … Read More
A lot of things come alive in the spring, and the housing market is no exception. Experts believe more houses will sell in the warmer months. This prediction comes after home sales hit an almost five-year low in December. Home … Read More
The all-important credit score is a number with significant power over your life. It can determine whether or not you can afford a new car or even a home. It is hard to understand exactly what brings your credit score … Read More
Looking at getting a mortgage for a new home? Shopping around is the way to go! According to Freddy Mac, you can save about $1,500 if you do. You do not want any old mortgage, though. Find a loan that … Read More
According to experts, the rule of thumb is that your mortgage payment should not exceed 28 percent of your monthly pretax income. Most mortgage payments do not follow that rule. Sometimes due to circumstances, such as changing jobs or the … Read More
Veterans and active duty service members face all the same challenges as other home buyers. Active duty service members also face unique challenges since they can get deployed or relocated at any time. Securing a home loan is the one … Read More
Who says you have to be married to buy a home? Getting married first and then purchasing a house may have been the norm decades ago. However, it’s not exactly the way of the world any longer. In fact, more … Read More
In 2019, the 30-year Fixed Rate Mortgage (FRM) is expected to rise to 5.1 percent. With this projected hike, now is the time to buy a house if you have been thinking of taking that step. While the primary reason … Read More