In the popular imagination, Millennials live in big city apartments or occupy their parents’ basements rent-free. But in fact, members of the Millennial cohort—that generation of young adults born roughly between 1980 and 1998—bought more homes last year than people in any other age bracket. And where exactly are Millennials buying homes? You just might […]
buying
5 Reasons Autumn Might be the Best Time of Year to Buy a Home
Summer may be the busiest home buying season, but it’s not necessarily the best time of year to buy a home. Sure, there are lots of houses on the market in the summer. But if you spent your summer sipping iced tea poolside instead of house hunting, or if the hustle and bustle of the […]
Getting a Mortgage for New Construction
Maybe you have a clear vision of your dream home: the very latest in energy efficiency! Shiny new granite countertops in just the right color! Or maybe you live someplace where the existing housing stock just isn’t sufficient to meet the demands of your rapidly growing community. In plenty of places in the country, buying […]
When Should a Homebuyer Get Pre-Approved for a Mortgage?
As a first-time homeowner, you may not know is exactly when in the home buying process you should tackle the mortgage question. Too many homebuyers wait to worry about home financing until they’re knee-deep in negotiations on their dream home. Discovering a credit or financing issue too late can derail your home-owning hopes and dreams. […]
What’s the Best Time of Year to Get a Mortgage?
Sometimes, waiting until the right time of year to buy something can help you save some serious money. The end-of-year holidays just around the corner. Retailers are currently gearing up to offer their best deals on cookware, electronics, tools, and appliances. If you’re looking to buy a home, you may wonder if there’s a similar […]
Want to Close Your Mortgage Quickly? Here are 6 Things You Should Do.
Maybe you’ve heard horror stories about mortgages gone wrong—particularly when mortgages don’t close quickly. Homebuyers stuck in living-in-a-hotel-limbo because they underestimated the length of time it would take to finalize their mortgage. The seller who backed out of a deal because the buyer’s mortgage lender was taking too long. A delayed application leading to higher […]
Don’t Even Think About Getting a Mortgage Until You Do These Three Things
The house-hunting shows on television make it look so simple: decide to buy a home. Stroll through a few open houses, fall in love with the perfect place, sign some papers, and pop open the champagne. Congratulations, you’re now a homeowner. But as with most things, television shows only the most glamorous parts of the […]