According to a CNBC report published on January 7th, 2019, buydown mortgages may begin to increase as mortgage interest rates in the U.S. go up. Although it’s been an uncommon buying strategy over the … [Read more...]
Seven Major Types of Mortgages You Should Understand
Mortgage programs regularly change; however, the major types of mortgages generally remain the same. So, here is a review of the major types of mortgages all homebuyers and homeowners should … [Read more...]
Sweat Equity Mortgage: Pay Mortgage Down Payment and Closing Costs with Sweat Equity
In the United States, many homes are aging out of usefulness, providing opportunities for homebuyers to purchase them at a low price and invest their sweat equity to remodel the home. To help these … [Read more...]
203(K) and HomeStyle Renovation Mortgages: Buy and Renovate a Home with One Mortgage
Many homebuyers like to purchase a fixer-upper and rehab it themselves, resulting in getting a lower price for the home and immediately building equity. Fortunately, there are multiple options for a … [Read more...]
First-Time Homebuyer Grants in Florida
In many U.S. states, grants are available to help people buy a primary home. For first-time homebuyers, there are even more options. These grants assist buyers in covering some of the costs associated … [Read more...]
Florida and New York Metros Top Zillow’s Buyer-Friendly Markets
On February 26th, Zillow published a press release featuring highlights from their latest Buyer-Seller Index (BSI). This index gives significant insights into current and changing housing market … [Read more...]
Housing Inventory Trend Favors Buyers in 2019
On February 14th, 2019, Zillow released data on the U.S. housing inventory trends for January of 2019. Their report shows that market conditions may begin to favor buyers over sellers this … [Read more...]
Tampa Ranked Best Market for First-Time Homebuyers
A Zillow report published on March 19th, 2019, detailed homebuying conditions around the country for first-time buyers, including naming the best and worst markets. The report again shows that Tampa, … [Read more...]
Improving Housing Affordability Expected in 2019
In early February, Fannie Mae published the January 2019 Home Purchase Sentiment Index (HPSI). This data is based on the National Housing Survey data collected and published by Fannie Mae. Findings … [Read more...]
Down Payment Options to Buy a Home
Making the down payment to buy a home is one of the most difficult things for most homebuyers. Fortunately, though, there are low down payment options and even zero down payment options for many … [Read more...]
