HomeReady, the mortgage option that allows borrowers to qualify with income from non-borrower family members, is getting upgrading. It’s Going to Be Easier to Get a 3 Percent Down Mortgage That’s according to government-sponsored mortgage titan Fannie Mae, who announced the following ... » Learn More about It’s Going to Be Easier to Get a 3 Percent Down Mortgage
Buying a home
First-time buyers: You’re closer to a down payment than you think
For many first-time buyers, saving to get a down payment is considered the most difficult step in the home-buying process. However, it's really a common misconception that you need 20% down to purchase a home. Actually, lenders throughout the country offer mortgage products with very affordable ... » Learn More about First-time buyers: You’re closer to a down payment than you think
Is it Best to Wait Until After the Election to purchase or Sell a house?
With the Democratic National Convention kicked off on Monday, one of the most contentious presidential race in modern history is finally at full throttle. It’s all anyone can discuss right now: Who on Earth is going to be our next leader, Hillary Clinton or Donald Trump? Yet while each of the ... » Learn More about Is it Best to Wait Until After the Election to purchase or Sell a house?
Essentials for the First-time Homeowner
So, you've chosen to take the plunge and invest in your very own home. Congratulations, you're now on the property ladder, and the only direction from this point is up! With your moving day looming, it could feel like your list of to-do's is endless before you can finally set foot in your new pad. ... » Learn More about Essentials for the First-time Homeowner
The expense of home renting vs. owning in Florida
Personal finance website GOBankingRates.com released a guide detailing how monthly rent compares to monthly mortgage payments all over the U.S. To check out the price breakdown for all U.S. states, visit the GOBankingRates website. The bottom line: the expense to own a house as opposed to to rent ... » Learn More about The expense of home renting vs. owning in Florida
