Real estate agents responding to the latest HousingPulse survey indicated mortgage availability has improved over the summer months,
especially for homebuyers with less than 20 percent cash down payments.
A case of lower inflation, however, would be beneficial,
especially for homebuyers on the sidelines due to too - high home prices.
Not exact matches
Most first - time
homebuyers will probably want to make a down payment of at least 20 % of their home's total value,
especially if they want to avoid paying extra money
for private mortgage insurance (PMI).
This time of year can be stressful,
especially for first - time
homebuyers.
Some of Quicken's loan products also work
especially well
for first - time
homebuyers in Maryland, with the company offering relatively low FHA loan rates.
They carry more risk
for the average
homebuyer,
especially if you have any uncertainty about your future earnings and income.
We are committed to simplifying the home loan process,
especially for first - time
homebuyers.
That's certainly normal,
especially for first - time
homebuyers, who are about to embark on an exciting - yet - unknown journey.
This is
especially beneficial
for first time
homebuyers.
This mortgage is
especially beneficial
for first - time
homebuyers.
It is important that you clearly understand the basics of a mortgage before you apply
for financing,
especially if you are a first - time
homebuyer.
This is an
especially critical step
for prospective
homebuyers and homeowners considering a VA refinance.
Fear is a major obstacle,
especially for first - time
homebuyers, and understandably so.
Promising a starry - eyed prospective
homebuyer the chance to own a $ 400,000 five - bedroom colonial in the tony part of town
for only a few hundred bucks per month is irresponsible,
especially if that low, low payment lasted
for just perhaps six months before the payments would increase.
VA Loans have many benefits not offered by conventional loans,
especially for first - time
homebuyers with little or no money
for a down payment.
Grants are
especially common
for first - time
homebuyers in cities struggling to attract buyers.
Finding the right mortgage (and how to get the best mortgage rate) can be a confusing process —
especially for first - time
homebuyers.
A low interest rate is
especially critical
for any
homebuyer who wants or needs to make a lower down payment.
«NAR supports efforts to broaden access to credit
for qualified
homebuyers,
especially those who have been shut out of the housing market or forced to pay higher interest rates because of flawed credit scores,» he said.
These loans are
especially popular with younger, first - time
homebuyers since they allow
for a lower down payment and have more generous approval criteria.
It's not an uncommon requirement, because many
homebuyers,
especially first - time buyers, don't have the cash required
for a 20 % down payment.
This year may be the most difficult in a decade to buy a home,
especially for a first - time
homebuyer.
Buying a home can be thrilling and nerve - wracking at the same time,
especially for first - time
homebuyers.
«The recent surge in interest rates amid continued strong home price appreciation are likely to present affordability challenges to
homebuyers,
especially for young adults who are looking to enter the housing market
for the first time,» adds Duncan.
These positive developments would be
especially good news
for prospective
homebuyers in the more affordable Midwest region.»
Homebuyers,
especially younger ones with young children, are also prioritizing a big backyard in their search — an attribute that parlays into more privacy, one of the top motivations
for home - buying.
«Millennials showed
especially strong increases in job confidence and income gains — a necessary precursor
for increased housing demand from first - time
homebuyers.»
While this behavior was beneficial to communities that experienced large losses in equity during the downturn, it may now be causing challenges
for buyers,
especially first - time
homebuyers.
This is
especially useful information
for the first - time
homebuyer, who may not realize that although their mortgage rate is fixed, insurance and property taxes can skyrocket.
Current inventory conditions are also eroding affordability,
especially for first - time
homebuyers in the market
for starter homes, which would require 39.1 percent of their monthly income.
A key development in existing - home sales activity in June could predicate relief
for homebuyers,
especially first - time buyers, according to Yun.
That means ensuring affordable mortgage opportunities,
especially for first - time
homebuyers and low - and moderate - income families.
Use Special Programs There are many programs
for homebuyers struggling to save
for a down payment,
especially for first - time
homebuyers.
Townhouse construction, Dietz said, is growing and viable,
especially for first - time
homebuyers, comprising 12 percent of starts.
While that is good news, the low inventory and increased demand have created some challenges in the market —
especially for first - time
homebuyers who are being priced out of certain desirable areas.
A slower pace of home price appreciation may provide some relief
for potential
homebuyers,
especially first - time buyers who couldn't reap the benefits of selling a home at high prices to buy another one.»
«We saw a slowdown of home sales in July, and we're still seeing prices rise and fewer available homes on the market,» says Orlando Regional REALTOR ® Association President John Lazenby, Colony Realty Group, Inc. «Competition
for homes in the entry - level and mid-price range (under $ 300,000) continues to remain high,
especially among first - time
homebuyers and investors.
Cash buyers account
for about one of every four deals, and some say that is hurting
homebuyers,
especially those who have been saving to purchase their first home.
«Many
homebuyers,
especially Millennials, haven't fully investigated their home financing options because they are pessimistic about qualifying
for a mortgage,» says Rob Chrane, president and CEO of Down Payment Resource.
Single - family housing inventory is still tight,
especially for starter and trade - up homes, which most new
homebuyers gravitate toward, according to Tadmori.
JPMorgan announced a 3 % down mortgage this week as well, giving prospective
homebuyers,
especially first - time
homebuyers who are struggling to save up
for a down payment, have a new, and significant, outlet that they can now turn to.
Even though a half percentage point boost in mortgage rates still keeps rates near their historic lows, it could decrease mortgage eligibility and home affordability
for some prospective
homebuyers,
especially lower - income and first - time
homebuyers.
The home buying process is often confusing,
especially for first - time
homebuyers.
This is great information and a very good resource,
especially for first - time
homebuyers who want to know how they can boost their credit score.
This can be
especially tough
for homebuyers who are low on cash after plunking down a big down payment.
Even with the record lows of mortgage rates in the market these days, a VA loan would still be the best option,
especially for a first - time
homebuyer.
That's not always easy to discern,
especially for first - time
homebuyers.
Prospective
homebuyers,
especially first - time
homebuyers who are struggling to save up
for a down payment, have a new, and significant, outlet that they can now turn to when seeking a low down payment mortgage — JPMorgan Chase.
The most common choice,
especially for first - time
homebuyers, as it's the easiest of the fixed - rate loans to qualify
for.
Most first - time
homebuyers will probably want to make a down payment of at least 20 % of their home's total value,
especially if they want to avoid paying extra money
for private mortgage insurance (PMI).