Whether you own a house already or you’re looking to buy one, you probably care about home prices. But it’s not always easy to figure out what’s really happening right now, especially if you look at the headlines. One says home prices are falling. The next says they’re still climbing. ...
Continue ReadingNewly built homes now cost less than existing ones in about 1 in 3 major markets. How much less, exactly? Nationally, a newly built home typically sells for about $35,000 less. So, brand-new could be more budget-friendly than you think. Want to see how newly built and existing homes compare ...
Continue ReadingWhen you picture buying your first home, chances are you’re imagining a traditional single-family house with its own yard, maybe a garage, and little extra room to grow. But with affordability still tight, getting everything on that list right away may come with a higher price tag than you’re comfortable ...
Continue ReadingYou’ll need to pay PMI if you provide a down payment of less than 20% of a home’s purchase price when you take out a conventional mortgage. Conventional mortgages are any home loans not insured by a government body. Homeowners don’t like PMI, partly because it doesn’t protect them. Instead, ...
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