With home prices continuing to appreciate above historic levels, some are concerned that we may be heading for another housing ‘boom & bust.’ It is important to remember, however, that today’s market is quite different than the bubble market of twelve years ago. Here are four key metrics that will explain why: Home Prices Mortgage
Tag: Mortgage Process
VA Home Loans: What You Should Know
Since the creation of the Veterans Affairs (VA) Home Loans Program, over 22 million veterans have achieved the American Dream of home-ownership. Many veterans do not know the details of the program and therefore do not take advantage of the benefits available to them. If you are a veteran or you know someone who is,
Home Buying Myths Slayed
Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months! The credit score requirements for mortgage approval continue to fall.
Why Getting Pre-Approved Should be Your First Step
Why Should I get Pre-approved before finding my house? In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about
Numbers of the VA Loan Program
What You Should Know: 22 million veterans have been approved and now own a home through the VA Home Loans Program Last year alone, $188 billion was offered through the program to veterans and their families. In 46 out of 50 states and Washington, DC., VA Purchase Loans are being used more and more frequently. Call
The Mortgage Process: What You Need To Know
Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.
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