One of the benefits of homeownership is that it is a “forced savings plan.” Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each month you owe less on … [Read more...]
Millennial and Gen Z First-Time Homebuyers Are Saving Up To Buy
Young buyers (Millennials & Gen Z) have waited longer than previous generations to enter the housing market for their first home. However, this hasn’t stopped them from dreaming about the home they will eventually buy. Many spend hours … [Read more...]
3 Tips for Realizing the Dream of Becoming a First-Time Homebuyer [INFOGRAPHIC]
Some Highlights: Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking too much about it. Living within a budget right now will help you save money for down … [Read more...]
5 Ways To Save Money for Your First Home Down Payment
When it's time to buy your first home, there's a lot to consider. The biggest factor, as you begin, is your mortgage down payment: how will you put down the money needed to purchase your first home? You'll want to approach each step in the … [Read more...]
