by Padma Sonti | Feb 8, 2022 | Buyers, Buying Myth, First Time Home Buyers
If you’re looking to buy a home, you may be wondering how your student loan debt could impact those plans. Do you have to wait until you’ve paid off your student loans before you can buy your first home? Or could you qualify for a home loan with that debt? To give you...
by Padma Sonti | Jan 31, 2022 | Buyers, Buying Myth, First Time Home Buyers
If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable...
by Padma Sonti | Jan 20, 2022 | Buyers, Buying Myth
One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy? The truth is, we’re in the ultimate sellers’ market, so real estate is ultra-competitive for buyers right now. The number of buyers searching for a home greatly...
by Padma Sonti | Jan 19, 2022 | Buyers, Buying Myth, First Time Home Buyers
Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That’s the highest point it’s been in almost two years. If you’re thinking about buying a home, this news may have come as a bit of a shock. But the truth is, it wasn’t...
by Padma Sonti | Jan 11, 2022 | Buyers, Buying Myth, First Time Home Buyers
If you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more. And if you’re thinking about purchasing a home this year, all of these inflationary concerns are...
by Padma Sonti | Jan 3, 2022 | Buyers, Buying Myth
As you set out on your homebuying journey, you likely have a plan in place, and you’re working on saving for your purchase. But do you know how much you actually need for your down payment? If you think you have to put 20% down, you may have set your goal based on a...