With mortgage rates hitting their lowest level in over a year, more buyers are expected to come off the sidelines. The additional competition could lead to one of homebuyers’ fears: a resurgence in bidding wars.
Many first-time homebuyers focus their attention on attending open houses, saving for a down payment, and figuring out if they can afford their preferred home. However, there is one big thing that many forget to do: Check their credit scores.
Buying a home may be the largest purchase you will ever make. And whether you are months—or years— away from closing on a home, it's never too early to start preparing. That's why a homebuying assessment can be your secret weapon.
Stepping into the world of open houses can feel like a whirlwind, especially if you're a first-time homebuyer. Here are seven tips to help homebuyers walk away from an open house with more than just a brochure.
Buying your first home is a big deal. To help you get started, we've outlined five essential tips that will guide you to finding the perfect place to call home.
There may be a glimmer of light for homebuyers who might feel stretched thin from years of skyrocketing prices and mortgage rates. Sellers eager to see their homes move might be willing to sweeten a deal for on-the-fence buyers.
There are many ways you can begin to put together a down payment for a house—and it may not cost you nearly as much up front as you may have feared. Here are some ways you can do it.
Homebuyers facing elevated home prices and frustratingly high mortgage rates are looking for ways to make homeownership possible. That's leading many to discover mortgage rate buydowns.
The typical down payment for first-time buyers is just 8%, according to the National Association of Realtors. But making a higher down payment can lead to substantial savings both in the near term and down the road.
Less-than-perfect credit doesn't have to hold you back from qualifying for a mortgage—it's possible. Here's how.
Smart Moves Start Here.