If you’re getting ready to buy a house, you may be unsure how much money to contribute as a down payment. For many years, 20% of the purchase price was considered a full down payment and the mortgage industry standard. While there are many benefits to put
Buying a house is one of the biggest financial purchases you are likely to make in your life. So should you look at it through the lens of finding the perfect place to call home or as an investment that can set you up for the future? Here is some food for
As we head into tax season, you may be anticipating a big tax refund being deposited to your bank account soon. Before you mentally spend that money, you might want to consider how it could help benefit your homeownership aspirations or experience. Home P
Having a place to escape to when they take time off is a dream for many people. There are plenty of options out there for finding a consistent vacation spot. Two of the most popular are buying a vacation home or buying into a timeshare group. The one that
If you are itching to get into homeownership but don’t have much of a down payment saved or much of a credit history, you might think you’ll just have to wait. However, through its sponsored entities like Fannie Mae, the U.S. government has created mortga
Last week the Federal Housing Finance Agency (FHFA) announced the new conforming loan limits (CLL) for mortgage loans in 2023 and based on U.S. home price growth, they are increasing to 12% for the coming year. The new conforming limit will be $726,200 fo