by Candace Ellington | May 15, 2024 | Mortgage News
Thinking about saving up for a house and feeling a bit lost? No worries, we've got tips on how to hit your down payment target and get you one step closer to home sweet home. Key Takeaways Different loans have varying down payment requirements, from zero for USDA and...
by Candace Ellington | Feb 21, 2024 | Mortgage News
When purchasing a home, one important step that homebuyers often overlook or delay is getting preapproved for a mortgage. Mortgage preapproval is a service provided by lenders that offers homebuyers a comprehensive understanding of their borrowing capacity, giving...
by Candace Ellington | May 10, 2021 | Mortgage News
A new tax credit of up to $15,000 for first-time home buyers is being proposed by the Biden Administration. A tax credit, unlike a deduction, decreases the total tax bill rather than lowering your taxable income. For example, if you owed $20,000 in income taxes and...
by Candace Ellington | Mar 16, 2021 | Mortgage News
The real estate market continues its upward movement defined by low-interest rates, rising home appreciation, and increasing housing demand. Looking forward toward this year’s home-buying season, forecasters are discussing a record-breaking performance from the real...
by Candace Ellington | Jan 28, 2020 | Mortgage News
A recently released survey conducted by the National Association of Realtors (NAR) shares a common finding between that of the National Housing Survey (NHS) conducted by Fannie Mae. Specifically, 63 percent of respondents to NAR's fourth quarter Housing Opportunities...
