You got your loan pre-approval and you can’t believe how much you can borrow! You are already dreaming of the perfect house that you are going to buy – you have it all pictured now. Before you do, you may want to consider buying less home than you can afford. We know that sounds like we are crushing your dreams, but there are some valid reasons you should use this strategy.Read More
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No one can perfectly prophesize where rates will be next year. But industry experts have a better feel for where they could be headed. So we asked 10 trusted real estate pros for mortgage rates forecast.Read More
What happens if you miss a credit card payment? How do late payments affect your credit scores? Of course, as with so many things related to credit scores, the answer is, “It depends.”Read More
If you’re a first-time home buyer, you might think you’re not ready to purchase a house. Perhaps you’re concerned about your job situation, your previous credit history, or your high monthly expenses. Whatever the circumstances, every borrower and financial situation is unique.Read More
Expect your mortgage application to ask these questions about your income, credit history, the home you want to buy, how much money you have saved and more.Read More
Contrary to popular belief, saving for a home isn’t mostly about grueling sacrifice—e.g., holing up in your apartment under a bare light bulb, eating ramen, and piggybacking off your neighbor's Wi-Fi.Read More