In today’s residential real estate industry, costs have continued to rise. Many areas have seen dramatic jumps in the cost of rentals, making purchasing an attractive option, despite the 20% jump in housing prices from February 2021 to February 2022. … Read More
The U.S. housing market has been notoriously difficult for the past few years. With house prices rising yearly, many potential homeowners have had to resort to years of waiting to save for a down payment or practicing patience as their … Read More
Did you know that in the first quarter of 2022 alone, over $800 billion in mortgages were lent out? Acquiring a home loan is a major component in purchasing the house you desire. If you’re struggling to get a conventional … Read More
Getting out of the rental market is one of the best ways to save money each month. With the median cost of rent coming to around $1,827, it’s no wonder many first-time homebuyers are starting their searches now. And with … Read More
In June of 2022, the average 30-year fixed loan increased to roughly 5.25 percent. While mortgage rates are performing well, how are FHA loan requirements being impacted by the housing market? The housing market is constantly changing, and if you … Read More
The traditional rule of thumb is to put a 20% down payment towards a house. But with the median starter home price in the U.S. at $313,000, saving that much can seem impossible. What if there was a way that … Read More
For many young people or others with limited resources in terms of down payment, credit history, or other limiting factors an often-overlooked program is the one-hundred percent loan program offered by the United States Department of Agriculture. What follows are … Read More
With inflation on the rise, it was only a matter of time before interest rates went up as well. After the Federal Reserve raised them for the first time since December 2018, they hinted that we could expect them to … Read More
One of the overlooked benefits that are offered to veterans who have sacrificed their time, energy, and sometimes blood, is the availability of a VA-backed mortgage for the purchase of a home. In this day and age of rising costs … Read More
You read it right folks. Interest rates on a 30-year fixed-rate mortgage, according to a Market Watch article published on March 27th, are expected to be at 5% by year’s end. Anyone in the purchase market for a home had … Read More