Article by: Simplifying the Market™Originally Published: October 8, 2019, 10:00 amIt’s common knowledge that your FICO® score plays an important role in the homebuying process. However, many buyers have misconceptions regarding what exactly is required to get the loans they need. While a recent announcement from CNBC shares that the average national FICO® score has […]
62% of Buyers Are Wrong About Down Payment Needs
Article by: Simplifying the Market™Originally Published: October 7, 2019, 10:00 amContrary to common misconception, a down payment is often much less than many believe. According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More than 6 in 10 (62%) […]
Homeowners Are Happy! Renters? Not So Much.
Article by: Simplifying the Market™Originally Published: September 26, 2019, 10:00 amWhen people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valuable. In a recent survey, Bank of America asked homeowners: […]
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