A buyer’s agent can help you find a home, research the asking price, submit an offer, and negotiate with the seller. You’re not required to use a real estate agent when buying a home. But you could benefit from it in many ways. This guide explains what a buyer’s agent does, how they get paid, […]
A First-Time Buyer’s Guide to Mortgage Insurance (FHA and PMI)
Mortgage insurance is super confusing, especially for first-time home buyers. But don’t worry. Our experts will break it down for you! In a hurry? Here are the five most important takeaways: What Is Mortgage Insurance, Exactly? Most first-time home buyers in the United States end up paying mortgage insurance, as a result of making a […]
7 Reasons Why an FHA Loan Might Fall Through Prior to Closing
An FHA loan can “fall through” or get rejected during the mortgage underwriting stage for a number of reasons. As a borrower, it’s your job to prevent these scenarios from occurring. Ten years ago, a reader asked us if they could get denied for an FHA loan after they’d been pre-approved by a mortgage lender. […]
FHA Loan Minimum Down Payment Requirements and Acceptable Sources
This guide explains the minimum down payment requirement for an FHA loan, acceptable sources of down payment funds, the ability to use gift money, and everything else a home buyer needs to know. And here are 5 things you should know right off the bat: Minimum Down Payment for an FHA Loan: 3.5 Percent The […]
13 Questions First-Time Home Buyers Ask About FHA Loans
FHA loans are a popular financing option among first-time home buyers United States. This program is not limited to first-time buyers. But it has several important features that attract this particular group, such as a low down payment option. Over the years, we have fielded countless questions from first-time home buyers relating to the FHA […]
What’s the Best Type of Home Loan for a First-Time Buyer?
The 30-year fixed-rate conventional loan is currently the most popular mortgage option among first-time home buyers in the U.S. But it might not be the best option for you. Read on to learn how to choose the right type of mortgage loan… First-time home buyers typically have a lot of questions about their financing options. […]
Denver Aurora Metro Housing Market Forecast: 2024 – 2025
After several years of overheated home-buying activity, the Denver real estate market has cooled down considerably. In fact, recent forecasts for the Denver housing market predict that prices could remain flat through 2024 and into 2025. This is a major change from a couple of years ago, when prices were skyrocketing due to an influx […]
Tampa Bay Area Housing Market Update and Forecast: 2024 – 2025
Have questions about the current state of the Tampa-area housing market, or predictions for 2024 – 2025? You’ll find both of those things below, plus a lot more! In a housing market forecast published earlier this year, the Tampa Bay Area real estate market was ranked as one of the hottest for 2024. Looking forward, […]
San Diego, California Housing Market Forecast: 2024 – 2025
In this report: A detailed summary of current housing market trends in the San Diego area with a long-range forecast stretching into early 2025. Over the past year or so, the San Diego real estate market has posted some of the biggest home-price gains of any U.S. metro area. It’s currently one of the hottest […]
Metro Atlanta Housing Market Trends and Forecast: 2024 – 2025
On this page: an up-to-date assessment of Atlanta metro area housing market conditions in 2024, with a forecast extending into 2025. The Atlanta real estate market experienced a brief downturn during the second half of 2022, with home prices declining into early 2023. The same thing happened in most cities across the U.S. But the […]