Tag: home ownership

 

9 Reasons why real estate RULES!

The economy ebbs and flows, markets change, and home prices go up – and eventually come back down to earth a bit. Those are some of the certainties we’re faced with in our financial lives. But through it all, home ownership is still THE best investment you’ll make in your lifetime. In fact, 94% of millionaires say that […]

California down payment assistance is here!

Looking to buy a house but you can’t seem to put together the money necessary for a down payment? You’re not alone, as coming up with the cash necessary for a down payment is the #1 obstacle for home buying, above credit scores, making enough money to pay the mortgage every month, and every other […]

These two changes will make it easier to get a mortgage loan the second half of 2017

There are two major changes coming to the lending landscape that will make it easier for a significant number of borrowers to buy a home or refinance in the second half of 2017 and beyond. While these changes won’t result in an opening of the mortgage loan floodgates like we saw in the loose and […]

The things that Americans spend (and waste) money on (Part 2)

Most of us spend a jaw-dropping amount of money every year on things that we don’t need – or even really want. So we’ve put this list together of what Americans spend on everyday goods and services – and how much cash we’re flushing down the drain. In part one of this blog, we covered […]

7 Ways to prepare to before buying a house

Are you thinking about buying a home? Whether it’s your first time, you’re targeting your dream home, or downsizing for retirement, purchasing a home can be a fast-moving and overwhelming process. However, it’s one that’s critical you get right, with hundreds of thousands of dollars (and your daily living conditions!) on the line. The good […]

Mortgage and Homebuying Myths and Facts!

Myth: Interest rates represent the true cost of my mortgage Fact: Your interest rate is just one part of the total equation that determines the real cost of your mortgage, which includes the cost and fees of the loan, etc. It’s better to look at your APR – Annual Percentage Rate – to see the […]

25 Facts about home ownership in the U.S. that show why mortgage education is vital

We’re nearly half a decade removed from the dark days of the real estate crash, mortgage meltdown, and Great Recession in the U.S., and yet we still have a shadow that’s cast over the national housing landscape. In fact, home ownership is at an alarmingly low level, despite low interest rates, strong job numbers, and […]

Think you can’t afford to buy a house? Here are 10 reasons why you’re probably wrong

A new survey shows that 81% of the renters would rather own their home if they could, so what is holding them back? A lot of it is perception and lack of knowledge, data reveals. Of course home ownership isn’t for everyone and some people just can’t afford it, but increasingly, owning a home can […]