Down Payments

Auto Added by WPeMatico

5 Powerful Reasons to Own Instead of Rent

By |2019-07-09T10:00:33+00:00July 9th, 2019|

Owning a home has great financial benefits. In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained: “Homeownership appears to help borrowers accumulate housing and nonhousing wealth in a variety of ways, with tax advantages, greater financial flexibility due to secured borrowing, built-in

What You Need to Know About Private Mortgage Insurance (PMI)

By |2019-06-19T10:00:43+00:00June 19th, 2019|

Whether it is your first time or your fifth, it is always important to know all the facts when it comes to buying a home. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you can never have too much information about Private Mortgage Insurance (PMI). What

2 Myths Holding Back Home Buyers

By |2019-06-10T10:00:48+00:00June 10th, 2019|

Freddie Mac recently released a report entitled, “Perceptions of Down Payment Consumer Research.” Their research revealed that, “For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part of the challenge for those planning to purchase a home is their perception of how much they will need to save