For generations, the homebuying process never really changed.
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According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February.
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Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July.
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Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated.
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If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment.
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If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone.
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We’re currently experiencing historically low mortgage rates.
The post The Reason Mortgage Rates Are Projected to Increase and What It Means for You appeared first on Keeping Current Matters.
Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans.
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Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year.
The post 3 Reasons We’re Definitely Not in a Housing Bubble appeared first on Keeping Current Matters.
Is the idea of saving for a down payment holding you back from buying a home right now?
The post Do I Really Need a 20% Down Payment to Buy a Home? appeared first on Keeping Current Matters.
