If you’ve been considering homeownership, you’ve probably given a lot of thought to the many advantages, including the freedom to make the changes you choose to your property, the predictability of your monthly payments, the benefits of building equity and having a valuable asset, and the comfort and stability of knowing it’s yours. However, it’s […]
How to Get the Down Payment Assistance You Need to Buy Your First Home
One of the biggest difficulties for first-time buyers is saving enough money for a down payment and closing costs. In this article we will look at the option to get the down payment assistance you need to buy your first home. A down payment is the initial partial payment you make upfront when you purchase […]
How the Recent Federal Reserve Meeting Could Impact New Mortgage Rates
Although it may be a widely-held misconception that the Federal Reserve sets consumer mortgage rates, it can, in fact, have a significant effect on them. During the COVID pandemic, the Fed bought billions of dollars of consumer mortgages to help keep rates extremely low and thereby encourage spending. Typically, the Federal Open Market Committee (FOMC) […]