An interest rate determines how much money must be paid in a mortgage payment. The higher the rate, the higher the interest payment. Do you agree that buying now really does mean buying more?
If you rent, you probably have good reasons. I bet that “paying my landlord’s mortgage”, “noisy neighbors”, or other caveats aren’t among them. Look, we know that owning isn’t right for everyone. As much as we write about why owning a home is better than renting, there are legitimate reasons for choosing to rent. For …
Have you told yourself that you’re too _____ to buy a home? The blank could be almost anything. Whether you think you’re too broke, too poor, or your credit score is too low, are you allowing an invisible script to prevent you from attaining your dream of owning your own home? Just a side note: …
Buying a home is one of the biggest financial decisions and commitments many will make. Unfortunately, there are several outdated and false ideas surrounding the home buying process and what exactly is needed to qualify for, and purchase a home in 2020. In this list, we are breaking down five of the most common home …
With student debt making headlines on a regular basis, and the rates of homeownership being lower, is there a connection? Maybe. In the first issue of Consumer & Community Context, a publication from the Federal Reserve, an article by Alvaro Mezza, Daniel Ringo, and Kamila Sommer, Federal Reserve Board Division of Research & Statistics entitled, “Can …
If you want to buy a home this year, here are five tips on how to buy a house in 2019. At Benchmark, we make the effort to make it easy to claim your piece of the American Dream. Watch this video, then read last week’s article linked below. This New Year, Reach Your Dream …
If you are interested in buying a house, but do not know what you might need, or whether you can qualify, you’re not alone. Many would-be buyers are intimidated by the thought of what it takes to buy a home. Some wonder whether they can afford to buy, if they have enough saved for a …
The post Nervous About Buying? Here’s A Dose of Confidence appeared first on Benchmark.
1. Automate your down payment. One painless way to save is to automate your checking account to regularly set aside a small amount of your paycheck into a separate savings account dubbed your “house fund.” 2. Build your credit history and keep it clean Keep your credit score in check. Lenders will want to see …
The post 5 THINGS TO DO NOW IF YOU WANT TO OWN NOT RENT appeared first on Benchmark Mortgage Napa.
