The Case for Putting 20% Down on Your Next Home
If you’re planning to buy your next home soon, you’ve probably heard the old rule about saving 20% for your down payment. The truth is, you usually don’t have to. Plenty of loan options let qualified buyers put down much less. But a lot of repeat buyers are choosing to put down 20% anyway. So, why a
Rates Aren’t Expected To Drop Dramatically Chart
A lot of buyers are waiting because they think mortgage rates will drop dramatically. The problem? That's not what today's forecasts say is going to happen. Experts believe mortgage rates will actually stay in the mid to low 6s through 2027 due to a number of factors – including inflation. What’s th
Thinking About Waiting for Lower Mortgage Rates? Read This First
Imagine waiting a year to buy a home, only to find mortgage rates haven't changed much.That may sound frustrating.But it's a real possibility. A lot of people are putting their plans on hold because they believe much lower mortgage rates are right around the corner. But, based on today's forecasts,
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