Wells Fargo announced on Thursday that it now offers a down payment of as little as 3% for fixed-rate mortgages, answering calls in the industry to expand the financing box. Wells Fargo now offers 3% down payment mortgages The newest low-down payment program, your First Mortgage, which went ... » Learn More about Wells Fargo now offers 3% down payment mortgages
First Time Home Buyers
Need VS Want: Discussing Your Dream Home
At some point in your search for your new home someone will say… “I know I’m not going to find the perfect house just the way I want it, but…” STOP RIGHT THERE! Unless you are building your home from scratch you are not going to find the perfect house. Period. The end. Regardless of your budget or ... » Learn More about Need VS Want: Discussing Your Dream Home
Is the FHA on the verge of cutting mortgage insurance premiums again?
Early this past year, the Obama Administration shook up the housing world when it ordered the Federal Housing Administration to cut its annual mortgage insurance premiums by 50 basis points, from 1.35% to 0.85%. The effects of the cut was widespread and significant, as the FHA’s mortgage insurance ... » Learn More about Is the FHA on the verge of cutting mortgage insurance premiums again?
Moving Day 7 things to keep in mind
After months of touring homes, playing phone tag with your mortgage lender and researching school districts, you’ve finally closed on a house. Congratulations! Now the hard part begins. Moving day is always a pain in the neck (and back), but if you plan ahead and stay organized you can certainly ... » Learn More about Moving Day 7 things to keep in mind
New Buyers: 4 Ways to Set Yourself Up for Success
As one of the largest financial decisions in a person's life, buying a home requires discretion, sensibility and budgeting. The following tips will keep you on the right path as you look to buy your first home. Why wouldn't you want to set yourself up for success. 4 Ways to Set Yourself Up for ... » Learn More about New Buyers: 4 Ways to Set Yourself Up for Success
