It’s no secret that the housing market is hot right now. Demand is high and supply is low, leading to high prices for home buyers. However, in the long term, it’s overwhelmingly a smart financial decision to buy a home as opposed to renting … [Read more...]
Four Reasons a 20% Down Payment is a Good Idea
If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down payment … [Read more...]
Compare Home Mortgage Interest Rates by Decade [INFOGRAPHIC]
Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of … [Read more...]
Exposing the Mortgage Down Payment Myth for Homebuyers
One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down. A recent survey … [Read more...]
Test Your Knowledge: Mortgage Down Payments
Whether you’ve owned a home before, or you’re ready to jump into homeownership for the first time, there are always a lot of questions swirling around about what is truly required for a down payment, and how to best source down payment … [Read more...]
Reasons Why Home Buyers Decide to Use a 20% Down Payment
If you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you need to save 20% or you won’t be able to secure a … [Read more...]
