What Credit Score Do I Need for a Mortgage?
Have you considered buying a home in the near future? Would you need to finance the purchase? Here are the credit scores you need for success in obtaining a mortgage.
Have you considered buying a home in the near future? Would you need to finance the purchase? Here are the credit scores you need for success in obtaining a mortgage.
When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. Here are two things to keep in mind if you’re thinking of selling this season.
There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth.
If you’re waiting for the best time to win as a seller, the market is calling your name this spring. Here are five reasons why this is the perfect time to sell your house if you’re ready.
With so few homes available to buy today, houses are in high demand, and they’re selling fast.
That means it’s a great time to sell if you’re ready to make a move.
Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely.
When deciding to buy now or wait until next year, the financial aspect of the purchase is easy to evaluate. You just need to ask yourself two questions:
1. Do I think home values will be higher a year from now? 2. Do I think mortgage rates will be higher a year from now?
The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year.
While there are plenty of lower down payment options available for qualified buyers who don’t want to put 20% down, it’s important to understand how a larger down payment can have great benefits too.