Category: down payment

Tips for Homebuyers

May 9, 2023
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By Daniel Bortz From Kiplinger’s Personal Finance Home prices are expected to remain flat or even fall in 2023. Still, prices are lofty. And if you’re in the market for a home, here are some tips to keep costs down. Look into mortgages with low down-payment requirements. The average down payment across the nation’s 50…

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Raising Your Credit Score Can Save Thousands on a Mortgage

March 20, 2023
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Before you buy a home and get a mortgage, there are ways to ensure you get a better deal from a lender. The difference can save you many thousands of dollars throughout your mortgage. Taking time to raise your credit score beforehand can enable you to get the better terms you want. The Savings Potential…

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How to Shop for a Low Mortgage Rate

October 21, 2022
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By Daniel Bortz From Kiplinger’s Personal Finance Looking to purchase a home in this market? Take these steps to qualify for the best mortgage rates. Increase your down payment To qualify for the lowest rates on a conventional loan backed by Fannie Mae or Freddie Mac—the nation’s two largest mortgage buyers—you’ll need a 20 percent…

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