Closing costs are generally 2% to 6% of your mortgage amount. This covers things like the home appraisal, legal fees, lender fees, homeowner association assessments, taxes, and the costs of pulling credit reports.
If you’re hoping to buy an expensive home, you may want to consider using a jumbo mortgage.
Facing high housing and living costs, many unmarried couples are pooling their savings and buying homes together before tying the knot.
Stubbornly high mortgage interest rates ticked down to their lowest levels of the year—just in time for the Spring homebuying season.
Many buyers may believe they can’t afford to purchase a new home, not realizing they may be passing up potential savings.Â
If you’re buying a home in a competitive housing market, you may want to consider making a cash offer.
Here are four tips on how you can save on movers.
One of the most important things that your loan officer will look at is your debt-to-income ratio. This helps them decide how large of a loan you may be eligible to receive.
Less than half of Black Americans are homeowners. These are some of the barriers they face.
When you begin your homebuying journey, it’s important to figure out just how much home you can afford.
Smart Moves Start Here.