Down payments needn’t be a drag on first-time buyers



The vast majority of first-time home buyers say a lack of funds for a down payment is the main reason why they’re yet to make a move in the property market, but many don’t realize that not everyone needs to pay 20 percent down to move forwards.

Delaying homeownership puts millennials’ finances in jeopardy, experts warn



Many millennials are said to be delaying their entrance into the housing market, and that decision could impact their finances for years to come, real estate experts warn.

Down payments are major concern for homebuyers, Zillow study finds



It costs more than two thirds of the average annual income to cobble together a 20 percent down payment on a home, which is why many potential homebuyers say saving for a down payment is one of their top concerns.

Is a 21-day closing period possible?



Lenders are aiming to reduce the bloated time frame it takes from agreeing to buy a home to actually closing on the deal.

Home buyer sentiment falls in face of mortgage rate rises



Mortgage rate increases are chipping away at home buyer sentiment, according to the latest reading from Fannie Mae’s Home Purchase Sentiment Index.

Are Closing Cost Too High for Mortgage Hunters?



Significant variation in closing costs is a major part of the process when considering which lender a homebuyer should go with. Often, mortgage buyers only consider which company will prequalify

Federal Housing Administration mortgages are about to get cheaper



Homebuyers seeking Federal Housing Administration insured mortgages will soon be able to take advantage of reduced costs.

What to Know Before Getting Your First Mortgage



You have saved up enough money for a down payment, and now you’re ready to get your first mortgage. However, there are a few things you should know before you fill out your first application at the bank.

“Paying points”: How to get your clients a reduced mortgage rate



Mortgage rates have risen in recent weeks, but there are still ways in which you can help your clients to get a lower rate.

Ex-homeowners missing out on foreclosure cash



What with surging real estate values in many parts of the U.S., some foreclosed homes are netting more than what the lender is owed on the property.