Down Payments

What You Need to Know About Private Mortgage Insurance (PMI)

Posted by Monica Foster On June 19, 2019 In General Information

Whether it is your first time or your fifth, it is always important to know all the facts when it comes to buying a home. With the large number of mortgage programs available that allow buyers to purchase homes with [...] Read More

Monica Foster June 19, 2019

2 Myths Holding Back Home Buyers

Posted by Monica Foster On June 10, 2019 In General Information

Freddie Mac recently released a report entitled, “Perceptions of Down Payment Consumer Research.” Their research revealed that, “For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part of the challenge for those planning [...] Read More

Monica Foster June 10, 2019

The Benefits of a 20% Down Payment

Posted by Monica Foster On May 8, 2019 In General Information

If you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you [...] Read More

Monica Foster May 8, 2019

How Quickly Can You Save Your Down Payment?

Posted by Monica Foster On April 29, 2019 In General Information

Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take [...] Read More

Monica Foster April 29, 2019

Posted by Monica Foster On April 12, 2019 In General Information

Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate! 88% of property managers raised their rents in the [...] Read More

Monica Foster April 12, 2019

Your Tax Refund Is The Key To Homeownership!

Posted by Monica Foster On March 25, 2019 In General Information

According to data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $3,143 this year when filing their taxes. This is down slightly from the average refund of $3,436 last year. Tax refunds are often thought [...] Read More

Monica Foster March 25, 2019

Posted by Monica Foster On February 22, 2019 In General Information

Some Highlights: Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking too much about it. Living within a budget right now will help you save [...] Read More

Monica Foster February 22, 2019

One More Time… You Do Not Need 20% Down to Buy a Home

Posted by Monica Foster On February 5, 2019 In General Information

The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents, which has eaten into the amount of money renters have leftover for savings each month after [...] Read More

Monica Foster February 5, 2019

Will Your Side Hustle Buy You a House This Year?

Posted by Monica Foster On November 21, 2018 In General Information

The top concern for most first-time home buyers is their ability to save for a down payment. According to a new survey, 36% of millennials took on a second job to make their dreams of homeownership a reality in 2017. [...] Read More

Monica Foster November 21, 2018

2 Myths Holding Back Home Buyers

Posted by Monica Foster On November 5, 2018 In General Information

Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that, “Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters [...] Read More

Monica Foster November 5, 2018

Archives

What You Need to Know About Private Mortgage Insurance (PMI)

2 Myths Holding Back Home Buyers

The Benefits of a 20% Down Payment

How Quickly Can You Save Your Down Payment?

Your Tax Refund Is The Key To Homeownership!

One More Time… You Do Not Need 20% Down to Buy a Home

Will Your Side Hustle Buy You a House This Year?

2 Myths Holding Back Home Buyers

Recent Posts

Categories

Archives