In Realtor.com’s recent article, “Home Buyers’ Top Mortgage Fears: Which One Scares You?” they mention that “46% of potential home buyers fear they won’t qualify for a mortgage to the point that they don’t even try.” Myth #1: “I Need a 20% Down Payment”
Pending home sales failed to rise as expected in May, the third straight month that measure has declined. The National Association of Realtors'® (NAR's) Pending Home Sale Index (PHSI) dipped 0.8 percent compared to April, on top of a 1.3 percent downtu
Fed leaders end a two-day meeting in Washington and investors believe there's a 95% chance of a rate hike.Here's what you need to know: 1. Mortgage rates aren't going up immediately. In the past, when the Fed raised rates, it tended to cause interest rat
After some serious thought, you’ve made the decision to end your stint as a renter and enter the wonderful world of homeownership. You can’t wait to hand over that last rent check as you scour Pinterest for living room décor ideas, but you’ve got a lot t
So you’re tired of weird Craigslist roommates, stark white walls, and upstairs neighbors who insist on wearing shoes in the apartment. After years of funding your landlord’s vacations, you’re ready to start putting money toward your own investment. That
Builder confidence just hit its highest level since December, reaching the second highest level since well before the housing crisis began. The National Association of Home Builders (NAHB) said its Housing Market Index, which it produces in conjunction w