The Simple Cost Of A Mortgage Payment Without PMI

Saving for a down payment is often the biggest hurdle for a first-time homebuyer as median incomes, rents, and home prices all vary depending on where you live. There is a common misconception among homebuyers that a 20% down payment is required, and it is this limiting belief that often adds months, and sometimes even […]

Do You Need An Agent To Buy New Home Construction?

Buying new home construction from a builder is a little different than buying an older home from its owner. To start with, you aren’t able to choose from a list of upgrades and customizations when buying an existing home. You’re also entering a transaction with someone who has an attachment to the home they’re selling […]

Top 5 Benefits of a VA Home Loan

Since the creation of the Veterans Affairs (VA) Home Loans Program, over 22 million veterans have achieved the American Dream of homeownership. Many current and former military personnel do not know the details of the program and therefore do not take advantage of the benefits of a VA Home Loan available to them. If you are a veteran or […]

Cautious Buyers May Overestimate Down Payment Cost

Affordability is the top concern for potential home buyers entering the summer season. That’s not a surprise. With prices and mortgage rates up, it’s natural that Americans who are hoping to buy might be leery when seeing news of rising housing costs. But, though affordability conditions are challenging in some markets, buyers may have some […]

Rising Incomes Help To Offset Affordability Challenges

After the financial crisis and housing crash, there were plenty of homes for sale but very few interested buyers. Americans were financially unstable and worried about keeping their jobs. And while they may have liked to buy a house, it wasn’t the right time. Gradually, though, Americans became more secure in their jobs and more […]

Why This Market Is NOT Like The 2006 Housing Bubble

With home prices rising again this year, some are concerned that we may be repeating the 2006 housing bubble that caused families so much pain when it collapsed. Today’s market is entirely different than the bubble market of twelve years ago. Four key metrics explain why: Home Prices Mortgage Standards Mortgage Debt Housing Affordability 1. […]