Majority of Buyers Wrong About Down Payment Needs

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69% of Buyers are Wrong About Down Payment Needs According to a recent survey conducted by Genworth Financial Inc. at the Annual Mortgage Bankers’ Association Secondary Market Conference, mortgage professionals say that first-time buyers still believe a 20% down payment is necessary to buy in today’s market. Nearly 40% of mortgage industry professionals surveyed believe […]

More Americans Chose Homeownership

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More Americans Chose Homeownership Over Renting a Home According to the latest report from the US Census Bureau, more Americans chose homeownership over signing a lease to rent in the first quarter of 2017. This marks the first time since 2006 that the number of new homeowner households outpaced the number of new renter households. […]

Is Now a Good Time to Rent?

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  People often ask if now is a good time to buy a home, but nobody ever asks when a good time to rent is. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent.   The Census Bureau recently released their 2017 first quarter median rent numbers. Here is […]

4 Reasons to Buy a House Today

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4 Reasons to Buy a House Today Homeownership will always be a part of the American Dream. There are advantages to owning your own home (educational, health, social) that far transcend any economic impact. However, we want to look at several of the financial advantages of homeownership in today’s post. 1. Buying is Cheaper Than […]