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The Easy Way To Save Thousands On Your Mortgage
Friday, July 27, 2018 - 4:37pm | 725You probably comparison-shop for most of your purchases, especially the big ones. If you're going to spend money on a new appliance or an automobile, you want to review options to make sure you're getting the best deal. According to the Consumer Financial Protection Bureau (CFPB),...
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Millennials Are Having More Home Buying Regrets
Thursday, July 26, 2018 - 3:52pm | 975Homeownership is one of the classic measures of "the American Dream." According to a recent Bank of the West Millennial Study, 58 percent of respondents say they've either attained the American Dream or that the American Dream is still attainable. A similar percentage says that owning...
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All About Real Estate Disclosures
Thursday, July 26, 2018 - 3:43pm | 656You want to know exactly what you are getting when you make any large purchase, especially when you are buying a home — the largest purchase that many Americans will ever make in their life. That's why a real estate disclosure statement is a fundamental part of any real estate...
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How Much Does Your Dream Home Cost?
Thursday, July 19, 2018 - 7:26pm | 778What does your dream home look like, and how much does it cost? Whether it's a cottage on a secluded beach, a stately mansion on a hill, or something in-between, your dream home probably won't come cheap. Two recent surveys agree that America's dream home is relatively expensive but...
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Here's Why Interest Rates Shouldn't Be Your Home Buying Deal-Breaker
Thursday, July 19, 2018 - 5:52pm | 687It just makes sense. When mortgage interest rates rise, fewer people can afford to buy homes. Home sales go down as a result. Conversely, when interest rates drop, homes become more affordable and home sales will go up. There's only one problem with this premise. It isn't necessarily true....
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Infographic: American Home Sellers By The Numbers
Friday, July 6, 2018 - 1:47pm | 195Are you thinking about putting your house on the market? Check out our infographic below to discover the most popular marketing methods that other U.S. home sellers are using. Learn about incentives you could offer to attract potential buyers. This infographic wraps up our 2018 Keys to...
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The Current U.S. Housing Market Is A Homebuyer's Nightmare
Thursday, July 5, 2018 - 5:39pm | 738The housing market in the United States is red-hot. Strong demand is driving home values up all over the country, and the average number of days a home stays on the market has dropped to 35. All in all, there have been plenty of reasons for homeowners and sellers to cheer — but it has...
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Renters' Top 8 Concerns About Buying A Home
Thursday, July 5, 2018 - 4:57pm | 701Homeownership remains a goal for most Americans. According to NerdWallet's 2018 Home Buyer Report, 91 percent of respondents want to own at least one home during their lifetime. However, that same report shows eight concerns renters have regarding that goal. If you haven't bought a...
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4-In-5 Young Borrowers Blame Student Loan Debt For Not Owning A Home
Thursday, June 14, 2018 - 4:36pm | 746A student loan can be your best friend or your worst nightmare. It can lead to an advanced degree that leads to a better job with higher pay and superior benefits. It can also be a millstone of debt keeping you from fulfilling other life goals – such as owning a home. A recent survey from...
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Infographic: How We Searched For Our Homes
Friday, June 1, 2018 - 1:18pm | 153Buying a home will probably be the most expensive item you ever purchase… until you buy the next one! Finding the right home at the right price is always a challenge. Discover how other American homebuyers searched for – and found – their homes in our infographic above, based on...
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The Highest Interest Rates In 7 Years Have Hurt Mortgage Applications
Wednesday, May 23, 2018 - 2:00pm | 366This morning we received updated data for US mortgage applications. The reading suggests that higher rates are in fact hurting applications. As shown below, the 30-year mortgage rate now sits at roughly 4.6%, the highest level in nearly 7 years. Higher rates have led to steady declines in...
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Long-Term Mortgage Rates Hit A Seven-Year High
Wednesday, May 23, 2018 - 1:54pm | 1025The housing market topped a new threshold over the past week. Buoyed by a strong economy and a series of interest rate increases by the Federal Reserve, thirty-year fixed mortgage interest rates reached 4.61% – the highest number since May of 2011. Rates crossed the 4% threshold in the week...
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It's Getting Harder To Buy A Home; Here's The Credit Score You Need
Tuesday, May 22, 2018 - 1:41pm | 642Welcome to the 2018 home-buying market. Rising demand and an extremely tight supply of homes, especially in the critical starter-home market, make it difficult to realize your goal of home ownership. In this buyer's market, you'll need two important things to land your dream home –...
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More Homeowners Are Stretching Their Finance To Buy
Monday, May 21, 2018 - 1:49pm | 671It's difficult to purchase a home in a buyer's market – and 2018 certainly meets that standard. Pent-up demand and an extreme shortage of homes have led to a rapid increase in prices that outpaces recent wage gains. The problem is acute in the market for starter homes and critical in...
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6 Tips To Improve Your Home Purchase Offer
Wednesday, May 16, 2018 - 11:26am | 621Are you looking to buy a home in the current seller's market? We'd wish you good luck, but making a standout offer on a home requires more preparation than luck. To uncover successful home buying tactics in a competitive market, the brokerage website Redfin analyzed approximately 14,000...