- Homebuyers
- December 12, 2024
From Debt to DTI: The Real-Life Costs That Impact Home Affordability
Homeownership costs go beyond the mortgage—budget for repairs, maintenance, and unexpected expenses.
Mortgage Basics
Mortgage Basics Articles
- Homebuyers
- December 10, 2024
Surviving the Stress of Homebuying: Tips to Keep Your Cool
Navigate the emotional rollercoaster of homebuying with expert-backed strategies to stay grounded, manage stress, and make confident decisions in today’s high-stakes market.
- Homebuyers
- December 9, 2024
All About LTV: The Acronym You Need to Know When Buying a Home
Loan-to-value ratios, aka LTVs, are used by lenders to determine how large of a loan someone may receive.
- Homebuyers
- December 6, 2024
Buying a Home with Gift Funds: Homeownership Made Possible with the Help of Family and Friends
More homebuyers are receiving gift funds from family members to help them afford homeownership.
- Homebuyers
- November 25, 2024
Can You Purchase a Home After Bankruptcy? What Buyers Need to Know
It may be possible for homebuyers to eventually secure a mortgage even after a bankruptcy.
- Homebuyers
- November 20, 2024
Fixer-Uppers: Affordable Dream Homes or Expensive Money Pits?
Fixer-uppers may be affordable options to get into pricier neighborhoods, but buyers could wind up spending much more than they anticipated on renovations.
- Homebuyers
- November 19, 2024
What is PMI? What You Need to Know and How You Can Avoid It
Homebuyers who make smaller down payments may need to pay private mortgage insurance, also known as PMI. Here's how to avoid it—or get rid of it.
- Homebuyers
- November 14, 2024
What Is Earnest Money and How Does It Work?
Given the state of the market, homebuyers may need to take advantage of every opportunity to make their offers stand out. For some, that could include waiving contingencies or putting down an earnest money deposit.
- Homebuyers
- November 12, 2024
Ready for a Change? These Cities Will Pay You to Move There
Looking to make a move? These U.S. cities are offering financial incentives, perks like coworking space memberships, and a chance to boost their economies in exchange for remote workers relocating to their communities.
- Homebuyers
- November 7, 2024
What Is an Escalation Clause? This Little-Known Strategy Can Help Homebuyers in Competitive Markets
An escalation clause is a tool homebuyers can use to win a bidding war—but it could backfire.