Here’s where you can get help with your down payment



Surveys of first time buyers routinely show that saving for a down payment is one of the biggest hurdles on the way to homeownership. But those buyers may well misunderstand how much cash they actually need to save. “Paying 20 percent down is, quite frankly, a myth,” Karen Hoskins, vice president at NeighborWorks, told HouseLogic. […]

3 common mistakes of first time buyers



Buyers who’re making their first home purchase often struggle with the same few parts of the transaction process that they’re unfamiliar with, and this can cause them to make decisions they later regret, according to real estate investor Barbara Corcoran. Corcoran, during an interview on CNBC’s “Making It” show, said: “The faster you buy your […]

4 Ways The Real Estate and Mortgage Will Transform by 2020



Today, searching for and buying a new home is much different than in times past. With a wealth of data at buyers’ fingertips, the entire buying process is changing. As a result, agents have to readjust their tactics to meet the growing needs of today’s buyer. It’s not just real estate agents who are being […]

The top 3 most and least affordable metro areas in the U.S.



Mortgage rates comparison website HSH.com has just published a new analysis showing the required annual salary needed to afford a median priced home in the nation’s top 50 metro areas. There’s good news for anyone living in Pittsburgh, Oklahoma City and Cleveland, which were rated as the top three cheapest metro areas for those looking […]

Here’s how long it takes for your credit to recover after buying a home



It takes around 11 months for a consumer’s credit score to recover after purchasing a home, a new study by online loan marketplace LendingTree has found. When a consumer buys a home, their credit score drops by an average of 15 points, but only after 160 days, or just over five months. That’s because it […]

How digital assistants are easing real estate transactions



Digital assistants such as Amazon Alexa and Google Assistant are increasingly finding use cases in the real estate industry. Not only are they used to search for homes for sale, but they can also help to perform tasks like transferring money. Now, some property managers want to even further and let tenants pay their rent […]

Zillow Offers expands to Houston



Zillow is to begin buying and selling homes in Houston in an expansion of its Zillow Offers program, marking the fifth market where the service is available. Zillow’s program launched in Phoenix this April, and had already expanded to include Las Vegas, Atlanta and Denver. The company will add Charlotte and Raleigh in North Carolina […]

4 Ways Real Estate and Mortgage Will Transform by 2020



Today, searching for and buying a new home is much different than in times past. With a wealth of data at buyers’ fingertips, the entire buying process is changing. As a result, agents have to readjust their tactics to meet the growing needs of today’s buyer. It’s not just real estate agents who are being […]

Mortgage payments rise twice as fast as interest rates



Buyers’ monthly housing costs are growing rapidly as mortgage rates have risen significantly since the beginning of the year. A recent Zillow analysis found that higher rates are responsible for about two-thirds of the increase in buyers’ monthly mortgage payments compared with what those costs would have been a year ago had home values remained […]

Most buyers still fail to shop around for a mortgage



A majority of home buyers could be leaving money on the table due to their failure to shop around for a mortgage. According to a new survey by PenFed Credit Union, two thirds of mortgage applications admit they did not shop around when buying a home. There’s also a great deal of confusion around mortgages, […]

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