by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Pricing
According to CoreLogic’s latest Home Price Index, national home prices have appreciated by 7.0% from October 2016 to October 2017. This marks the second month in a row with a 7.0% year-over-year increase. A lack of supply of homes for sale has led to upward pressure...
by Brent Knapp | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Millennials
Some Highlights: Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home, which stops many of them from even trying! Here are some facts: 40% of millennials who purchased homes this year have put down less...
by Brent Knapp | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers
A report released by Down Payment Resource shows that 61% of first-time homebuyers purchased their homes with a down payment of 6% or less. The trend continued among all buyers with a mortgage, as 73% made a down payment of less than 20%. An article by Chase points to...
by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers
The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that...
by Brent Knapp | Down Payments, For Buyers, For Sellers, Move-Up Buyers
According to Black Knight Financial Service’s Mortgage Monitor Report, 1.5 million Americans have purchased a home with down payments under than 10% over the last 12 months. This is great news for buyers as this marks a 7-year high. Many mortgage programs offered by...
by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers
Some Highlights: Interest rates are still below historic numbers. 88% of property managers raised their rent in the last 12 months! The credit score requirements for mortgage approval continue to fall. Source: KCM
![Buying a Home Can Be Scary… Unless You Know the Facts [INFOGRAPHIC]](https://assurancehomeloans.us/wp-content/uploads/2017/10/20171027-Share-STM.jpg)
![Home Buying Myths Slayed [INFOGRAPHIC]](https://assurancehomeloans.us/wp-content/uploads/2017/07/20170414-Share-STM.jpg)