The trend in home buying has moved away from large down payments. In fact, today’s average down payment is just 6 percent, with zero-out-of-pocket deals more common than you might think. Accumulating savings while working...
The trend in home buying has moved away from large down payments. In fact, today’s average down payment is just 6 percent, with zero-out-of-pocket deals more common than you might think. Accumulating savings while working...
Congress and the president passed the most sweeping tax law overhaul in a generation at the end of 2017. Let’s take a look at how the tax benefits of homeownership have changed and how the...
When shopping for a mortgage, one number, in particular, plays a major role — a good credit score. A higher number means you’ll be offered a lower interest rate, which means a more affordable mortgage....
The housing crash of 2008 led to a tightening of mortgage lending standards. Now rules are loosening again. What can you expect when applying for a loan to buy a house? Is the Water Just...
The housing market continues to improve nationally. Industry forecasters expect demand to push home prices higher, even as mortgage interest rates rise. If you already own a home, you’ve got an asset with intrinsic value...
Buying a first home is a rite of passage. After crunching the numbers, receiving preapproval for a mortgage and finding a trustworthy agent, you’re ready to go house hunting. To make the adventure less daunting,...
Are you in the market to refinance your home? Before signing any paperwork, it’s best to do your homework. Work the numbers. The top reason for refinancing is to obtain a lower interest rate. Depending...
Nearly 30 percent of home buyers today are using loans secured by the Federal Housing Administration or FHA — reason enough for home sellers to consider making their homes FHA-friendly. Here are a few tips...
Do you have bad credit? While legitimate credit repair services can help improve your credit scores, you can do the work yourself and save money. Here’s how. Pull your credit report at www.annualcreditreport.com. It’s free....
One of the most important steps in the home-shopping process is for buyers to have an initial assessment of their ability to get a mortgage. As a buyer, already having a letter from a lender...
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