by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers
A recent report released by Down Payment Resource shows that 65% of first-time homebuyers purchased their homes with a down payment of 6% or less in the month of January.The trend continued through all buyers with a mortgage, as 62% made a down payment of less than...
by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers
There are many benefits to homeownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage.Don’t Become Trapped Jonathan Smoke, Chief Economist at realtor.com, reported on what he...
by Brent Knapp | First Time Home Buyers, For Buyers, Infographics, Millennials, Move-Up Buyers
Some Highlights:“The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.”At...
by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers
Some industry experts are claiming that the housing market may be headed for a slowdown as we proceed through 2017, based on rising home prices and a potential jump in mortgage interest rates. One of the data points they use is the Housing Affordability Index, as...
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
Traditionally, spring is the busiest season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on buyer activity. This year will be no different!Buyers have already been out in force looking for their dream homes...
by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers
A survey by Ipsos 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. There are two major misconceptions that we want to address today.1. Down PaymentThe survey revealed that...
![Why Millennials Choose to Buy [INFOGRAPHIC]](https://assurancehomeloans.us/wp-content/uploads/2017/04/Millennials-Choose-to-Buy-STM-1080x675.jpg)
