The Truth About Credit Scores and Buying a Home
Your credit score plays a big role in the homebuying process. It’s one of the key factors lenders look at to determine which loan options you qualify for and what your terms might be. But there’s a myth about credit scores that may be holding some buyers back. The Myth: You Need To Have Perfect Cred
What's Behind Today's Mortgage Rate Volatility?
If you’ve been keeping an eye on mortgage rates lately, you might feel like you’re on a roller coaster. One day rates are up, the next they dip down a bit. So what’s driving this constant change? Let’s break down a few of the major reasons we’re seeing so much volatility, and what it means for you.
Renting vs. Buying: The Net Worth Gap You Need To See
Trying to decide between renting or buying a home? One key factor that could help you choose is just how much homeownership can grow your net worth. Every three years, the Federal Reserve Board shares a report called the Survey of Consumer Finances (SCF). It shows how much wealth homeowners and rent
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