Lately, headlines have floated an eye-catching idea about tapping into your 401(k) to cover a down payment on a home. Maybe you've caught the buzz and wondered whether that money could get you into a home faster, especially with affordability as tough as it is. Here’s what you need to remember. ... » Learn More about Thinking About Tapping into Your 401(k) To Buy a Home?
financing
Thinking About an Adjustable-Rate Mortgage? Here’s What You Need To Know.
If you’ve been looking for a home lately, you’ve probably noticed the challenges of affordability, and that's exactly why more buyers are opting for adjustable-rate mortgages, or ARMs. Here's what you need to understand about how they work, and whether they make sense for you. What Is an ... » Learn More about Thinking About an Adjustable-Rate Mortgage? Here’s What You Need To Know.
Home Equity Can Be a Game Changer When You Sell
Are you on the fence about selling your house? While affordability is improving this year, it’s still tight. And that may be on your mind. But understanding your home equity could be the key to making your decision easier. An article from Bankrate explains: “Home equity is the difference between ... » Learn More about Home Equity Can Be a Game Changer When You Sell
Things To Avoid After Applying for a Home Loan
Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need to avoid after applying for your ... » Learn More about Things To Avoid After Applying for a Home Loan
Why a 20% Down Payment Works Well
If you’re planning to buy a new home, you may be wondering about the down payment. Loan programs require down payments as low as 3.5% for FHA loans and there are conventional loans offering as low as 5%. While you have a lot of options, there are three strong benefits to making a 20% down payment on ... » Learn More about Why a 20% Down Payment Works Well
