Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. They are in a better position to build wealth because of their home. The organization surveyed adults who turned 60 or 61 between 2003 and… read more →
Expected increase for conforming mortgage limits. The federal government is increasing the limit for conforming mortgages from $417,000 to $424,100 in most regions of the United States starting Jan. 1, 2017, the Federal Housing Finance Agency announced Wednesday—the first such increase since 2006. The approximately 1.7 percent bump in the… read more →
Photo & Article Source: realtor.com Millennials: Generation Me or Generation We? Regardless of whether you think millennials are empowering, creative, helpful young adults or narcissistic, entitled, Facebook junkies, one thing is for sure: they are the people changing and transforming the world of home buying. If you’re apart of this… read more →
Of course the most ideal way to come up with a down payment is to save for one. Sometimes though, life doesn’t allow that and circumstances may rush you into the need or desire into purchasing a home quickly. A down payment is often a large reason for people to… read more →