Article by: Simplifying the Market™Originally Published: October 9, 2019, 10:00 amRecently two U.S. Census Bureau researchers released their findings on the biggest determinants of household wealth. What they found may help shape your view on building your family’s net worth. Many people plan to build their net worth by buying CDs or stocks, or just […]
What FICO® Score Do You Need to Qualify for a Mortgage?
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%) […]
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