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Home Buying Myths Slayed [INFOGRAPHIC]

[ad_1] Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months! The…
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Getting Pre-Approved Should Always Be Your First Step

[ad_1] In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to…
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Boomerang Buyers: Most Qualify for Financing in 2-3 Years

[ad_1] According to a new study from Lending Tree, Americans who have filed for bankruptcy may be able to rebuild enough credit to qualify for a home loan in as little as 2-3 years. This is in stark contrast to the belief that many have that…
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NOT Owning Your Home Can Cost You a Lot of Money!

[ad_1] Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Realtor.com recently reported that: “Buying…
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The Cost of Renting vs. Buying Today [INFOGRAPHIC]

[ad_1] Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.9%) vs. the percentage needed to buy a median-priced…
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Freddie Mac: Rising Mortgage Rates DO NOT Lead to Falling Home Prices

[ad_1] Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market…
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The Mortgage Process: What You Need to Know [INFOGRAPHIC]

[ad_1] Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge of your local professionals…
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2 Major Myths Holding Back Home Buyers

[ad_1] Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership,” which revealed that “eighty percent of consumers either are unaware of how much lenders require for a down payment or believe all lenders…
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Why Getting Pre-Approved Should Be Your First Step

[ad_1] In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show…
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The Real Reason Home Prices are Increasing

[ad_1] There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that…
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The Cost of NOT Owning Your Home

[ad_1] Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Zillow recently reported…
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Bubble Alert! Is it Getting Too Easy to Get a Mortgage?

[ad_1] There is little doubt that it is easier to get a home mortgage today than it was last year. The Mortgage Credit Availability Index (MCAI), published by the Mortgage Bankers Association, shows that mortgage credit has become more available…