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You May Not Need as Much as You Think for Your Down Payment

by Wells Funding Group | Feb 3, 2023 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Infographics, Move-Up Buyers

Some Highlights Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase. And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to...

Experts Forecast a Turnaround in the Housing Market in 2023

by Wells Funding Group | Feb 2, 2023 | For Buyers, For Sellers, Housing Market Updates

The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year.Now, as we move through 2023, there are signs things are finally going to turn around. Home price appreciation is slowing from the...

Should You Rent Your House or Sell It?

by Wells Funding Group | Feb 1, 2023 | For Sellers, Selling Myths

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained...
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