May Sees Largest Monthly Slowdown In Home Price Growth Since 2006 Sarah Wolak JUL 06, 2022 As of May 19, the share of median income required to make the P&I payment had climbed to 33.7%, just shy of the 34.1%…
Let’s imagine you’ve been preapproved for a mortgage and your offer is accepted for a home that has everything you’re looking for. The house is within your budget, has the perfect number of bedrooms, and is in an ideal location…
Whether this is your first or tenth home purchase, shopping for a new home is an exciting time. It can also be a stressful and lengthy process. This guide can help you stay on track and in your new home…
Ready to purchase your first home? Use this easy-to-follow checklist to navigate the path to home ownership. Determine Your Budget: It’s best to determine how much house you can afford early in the process to avoid falling in love with…
What is mortgage cash to close? If you have received your Closing Disclosure from your lender, you are almost done with your home buying journey. The Closing Disclosure, provided at least three full days before closing when you sign the…
Before you begin your new home search, talk to a lender about getting preapproved for a mortgage. This important step can save you time in negotiations and keep your search on target and within budget. What exactly is a preapproval…
Buying a home is a big purchase, one that takes time to save up to afford. Many homebuyers use a mortgage to finance the majority of the cost, but still need to save up a down payment. Here are five…
If you are getting ready to purchase your first home, there are a few expenses that you need to prepare for before getting to the final closing table. Some are even required before you start searching or complete the sale.…
They say that buying a home is all about location, location, location. But what if you do not know what location is right for you? Here are a few factors to consider when deciding on just the right place to…
The biggest question those considering homeownership need to answer is simple: Should I buy or rent my home? Here is a look at the pros and cons of each. Buying Pros: Your monthly payment builds equity, or ownership, of the…
