This New Year is here and, with it, a host of new happenings in the residential real estate market. Here’s what’s going on right now: In another move to incentivize first-time buyers, mortgage insurance rates are dropping Now could be the best time to buy—interest...
Month: January 2014
The Myth of 3.5%: Can you Really get a Mortgage for less than 10% down?
It’s a question we get all of the time, especially from first-time home buyers beginning to dip their toes in the real estate waters. Can I get a mortgage with a 3.5% down payment? While most prospective buyers know 10-20% is the norm, the continued marketplace buzz...