First Time Home Buyers

The COST of Your Next Home Will Be LESS Than Your Parents’ Home Was

First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers /

\"TheThere is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically. The Difference Between PRICE and COST The price of […]

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Mortgage Interest Rates Have Begun to Level Off

First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers /

\"MortgageWhether you are a buyer searching for your first home, or a homeowner looking to move up to your next home, you should pay attention to where mortgage interest rates are heading. Over the course of 2018, according to Freddie Mac’s Primary Mortgage Market Survey, rates have increased from 3.95% in the first week of […]

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What Is Private Mortgage Insurance (PMI)?

First Time Home Buyers, For Buyers, Move-Up Buyers /

\"WhatWhen it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you can never have too much information about Private Mortgage Insurance (PMI). What […]

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US Housing Market Still In ‘Buy Territory’!

First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy /

\"USAccording to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment. The BH&J Index is a quarterly report that attempts to answer the question: In today’s housing market, is it better to […]

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NOT Owning Your Home Can Cost You a Lot of Money!

Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy /

\"NOTOwning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Realtor.com/ recently reported that: “Buying remains the more attractive option in the long term – that remains […]

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Be Thankful You Don’t Have to Pay Your Parents’ Interest Rate!

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers /

\"BeInterest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the year. The rate you […]

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Freddie Mac: Rising Mortgage Rates DO NOT Lead to Falling Home Prices

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing /

\"FreddieRecently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year. Many believe that an increase in mortgage rates will cause a slowdown in purchases which […]

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