Down Payments Archives - Page 9 of 9 - See Jersey Shore Homes

How Fast Can You Save for a Down Payment?

By Corinne Geiger | April 24, 2017 |

Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long would it take you to save for a down payment in each state?

Slaying Home Buying Myths [INFOGRAPHIC]

By Corinne Geiger | April 21, 2017 |

Some Highlights:Interest rates are still below historic numbers.88% of property managers raised their rent in the last 12 months!The credit score requirements for mortgage approval continue to fall.

Home Mortgages: Rates Up, Requirements Easing

By Corinne Geiger | April 13, 2017 |

The media has extensively covered the rise in mortgage interest rates since last fall (from 3.42% last September to the current 4.1% according to Freddie Mac). However, a less covered aspect of the mortgage market is that requirements to get a mortgage have eased while rates have risen.

Millennials Flock to Low Down Payment Programs

By Corinne Geiger | April 12, 2017 |

A recent report released by Down Payment Resource shows that 65% of first-time homebuyers purchased their homes with a down payment of 6% or less in the month of January.

Again… You Do Not Need 20% Down to Buy NOW!

By Corinne Geiger | April 3, 2017 |

A survey by Ipsos found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. There are two major misconceptions that we want to address today.

Again… You Do Not Need 20% Down to Buy NOW!

By Corinne Geiger | April 3, 2017 |

A survey by Ipsos found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. There are two major misconceptions that we want to address today.

The Dangers of “Tight Mortgage Credit” Headlines

By Corinne Geiger | November 9, 2016 |

The availability of mortgage credit is not at the same level that it was during the boom in housing (2005), and that’s good news.

Slaying Myths About Home Buying [INFOGRAPHIC]

By Corinne Geiger | July 22, 2016 |

Some Highlights:Interest Rates are still below historic numbers.88% of property managers raised their rent in the last 12 months!Credit score requirements to be approved for a mortgage continue to fall.

You Can Save for a Down Payment Faster Than You Think

By Corinne Geiger | April 11, 2016 |

You Can Save for a Down Payment Faster Than You Think | Simplifying The Market In a study conducted by Builder.com, researchers determined that nationwide, it would take “nearly eight years” for a first-time buyer to save enough for a down payment on their dream home.

The Mortgage Process: What You Need To Know [INFOGRAPHIC]

By Corinne Geiger | March 18, 2016 |

Some Highlights:

Many buyers are purchasing a home with a down payment as little as 3%.
You may already qualify for a loan, even if you don’t have perfect credit.
Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.