Tag Archives: down payment

College Graduates: Tips For Buying a Home

Tips College Graduates Buying a Home

Home Buying Tips For College Grads When you graduate from college, the whole world opens up to you. Equipped with your degree and all of the knowledge you take away from your education, you are ready to embark into the exciting, unknown realm of adulthood. With it comes adult opportunities like the chance to get

Millennials Are Willing To Prioritize Home Buying

Millennials Are Willing To Prioritize Home Buying

Younger Americans Say They Would Put Off Love For A Home A recent Harris Poll asked 2,000 adults questions about their plans for real estate. Of the millennials surveyed—that is, people aged 18 to 34—38 percent said that they either would or have put off a wedding or honeymoon in order to buy a home. Since

The Inside Scoop On Interest-Only Loans

The Inside Scoop On Interest-Only Loans

Are They Good Or Bad For Borrowers? Interest-only loans are designed to make the first years of mortgage payment easier on the borrower. For example, in a 30-year interest-only loan, the borrower might pay only the interest for the first ten years and then convert to paying principal for the last twenty. The loan would

To Buy or To Rent – That is the Question?

To Buy or To Rent - That is the Question?

Buying VS. Renting If you are going through the continuous internal debate of whether to buy or rent a home, it is important to note that owning a home significantly contributes to individual wealth. It is no surprise that confidence in buying a home decreased immensely after the housing crisis, which led many to rent.