There’s nothing quite like that new home smell, but just like with any purchase, buying a new home has its pros and cons. New construction homes are built from scratch. They are either custom-made to
Sacrificing for your country shouldn’t leave you at a disadvantage when it comes to buying a home. The VA home loan program was created in 1944 to level the playing field for service members and veter
During difficult times, you may find that borrowing money is unavoidable. But did you know that some methods of borrowing are better than others?
You don’t have to be a farmer to reap the benefits of a USDA home loan. Whether you prefer the countryside to city life, have the ability to work from anywhere, or are interested in retiring to greene
Buying a first home may be more affordable than you think—once you realize that there are many ways to save in the long term, including first-time homebuyer discounts and tax credits that can signific
If you have your sights set on a property with a price tag of half a million or more, you may need to take out a jumbo mortgage loan to finance the purchase. A jumbo loan is a loan that exceeds the li
When buying your first home, there are no wrong questions—only questions you wish you had asked. At least 8.3 million first-time homebuyers are projected to enter the mortgage market through 2022, acc
The Federal Reserve plays an indirect, yet influential role in mortgage rates across the country. During times of crisis, the Fed employs a handful of tactics to boost the economy. If the tactics prov
Mortgage rates plummeted this week after experiencing increases late last week. The reason: a very encouraging message from the Federal Reserve, at least as far as interest rates go.
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