You'll want to be strategic when buying a home, especially with today’s affordability challenges. Mortgage rates impact how much it costs to borrow money for your home loan. And, to help offset the higher borrowing costs today, some homebuyers are looking closely at their wish list. They are re-evaluating what features they need in their next home to avoid overextending. As a recent NerdWallet Continue Reading
While higher mortgage rates are creating affordability challenges for homebuyers this year, there is good news for those still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the pandemic's peak frenzy has also cooled. Here are a few trends that may benefit you when buying a home today. 1. More Homes To Choose Continue Reading
As you set out to buy a home, saving for a down payment is likely to be top of mind. Down payments are typically a percentage of the purchase price. As a borrower, you pay a percentage of the total cost of the home upfront. The mortgage (a type of loan) with the lender covers the difference. The size of your down payment can affect your loan options. The Continue Reading
124 Hudson Street
New York NY, 10013
