It Could Get Easier To Secure A Mortgage With This New Credit Scoring System
If you have little or no credit, it really may not be an issue soon. Millions more Americans could get access to a mortgage this year...
Money
How To Maintain Your Lifestyle While Saving To Buy A Home
Saving for a down payment can feel like an impossible task with 20% of the typical home's purchase price expected. Don't panic. Realize you have...
Here’s How Much You Have To Earn To Buy A Home In 18 Major US Markets
Mortgage website HSH.com looked at median home prices from the National Association of Realtors. It took into account interest rates for common 30-year fixed-rate mortgages...
FYI: Credit To Income – Mortgage Requirements Explained
Two years ago, lenders began to ease mortgage standards, and today, it’s easier for most homebuyers to get a mortgage than it has been in...
Why Buying A Starter Home Could Be A Big Mistake
A blog post on A Wealth of Common Sense by Ben Carlson of Ritholtz Wealth Management calling buying a starter home "one of the worst...
Here’s Why a Down Payment Is So Important When You Buy a Home
Traditionally, you need to have a down payment of between 10 to 20 percent of your home costs saved up before you purchase a home....
Increase Your Home’s Value With These Home Improvement Ideas For All Budgets
If you plan on listing your home in the next year, you’ll want to prioritize the best home improvements for resale. To figure out what’s...
Should I Refinance To A Shorter Term Mortgage?
Q: I’m eight years into my 30-year mortgage, but I want to pay it off faster. Am I better off refinancing to a 15- or...
Financial Advisor: Are You Ready To Buy Your First Home?
Neil Stikeleather, a financial advisor for Merrill Lynch who helps clients become homeowners, shares seven questions that he asks first-time buyers, and offers up some...
Here’s The Salary You Need To Earn To Buy A Home In 27 Metro Areas
See exactly how much salary you would need to earn in order to afford the principal, interest, taxes and insurance payments on a median-priced home...