If you are interested in purchasing a home in the new year, it’s important that you find a home loan that works for you. These loans are always subject to rules, rates, and regulations. The more you know about mortgage rates, mortgage regulations, home loans, and trends and how they will change in 2021, the...
88% of home buyers take out a mortgage to buy a home. Today, homebuyers have many mortgage options. You can choose a payback period that best suits your finances. Mortgage rates are also relatively low — at 4%. So this is a great time to take out a mortgage. However, these options can also bring...
Well over 5 million existing homes were sold in the US in 2018. Take into account new home sales as well, and that number rises even higher. Clearly, masses of people successfully buy and sell properties each year, you’d be forgiven for thinking that the process is nice and straightforward. In reality, though, that’s rarely...
First-time home buyers accounted for nearly 80 percent of all home sales last year. Even as the housing market seemed to slow down, first-time buyers were still busy on the market. The pattern is likely to hold in 2019, and you may be among the people purchasing their very first home. Buying your first house...
Found a house you love? Thinking of buying it? Well, what are you waiting for? We agree with the famous slogan and say, “just do it.” The truth is, now is the time to buy. Not sure where to start? It’s okay; the home mortgage process is complicated and intimidating. That’s why we suggest getting a...
When you’re house hunting in North Carolina for the first time, you may be tempted to focus on floor plans and kitchen upgrades. But before you get too far in your property hunt, it’s important to get your financing in place. You may be surprised to learn that there are many different types of mortgage...
Many people believe that buying a house or getting a home loan means making a sizable down payment. A mortgage broker may have even told you that in order to get favorable mortgage rates, you need a down payment of 20 percent. But this simply isn’t true. For years, mortgage lenders offered 0 percent down...
When discussing a home loan with a mortgage lender, many buyers, especially those purchasing a home for the first time, want to know what minimum credit score they need to secure a mortgage. There are a lot of factors that determine what your minimum credit score must be in order to qualify for a home...
