If you’re planning to buy a home, knowing what to budget for and how to save may sound intimidating – but it doesn’t have to be. One way to ease those concerns is to make sure you understand some of the costs you may encounter up front.
If you’re looking to buy a home, your down payment doesn’t have to be a big hurdle and the reality is, you probably don’t need to put down as much as you think.
If you’re intimidated by how much you need to save for a down payment it may be because you believe you must put 20% down. That doesn’t necessarily have to be the case.
Home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, home prices, and wages. Let's see how each of them affect affordability.
You likely have heard something in the news or on social media about a price crash on the horizon. As a result, you may be holding off on buying a home until prices drop significantly. But that may not be the best strategy.
Given this information and what experts are saying about home prices, the question you might be asking is: should I buy a home this spring? Here are three reasons you should consider making a move.
For the vast majority of military borrowers, VA loans represent the most powerful lending program on the market. These flexible, $0-down payment mortgages have helped more than 24 million service members become homeowners since 1944.