An Expert Gives You Clarity in Today’s Housing Market

by Wells Funding Group | Mar 14, 2023 | Buying Myths, First Time Home Buyer, For Buyers, For Sellers, Move-Up Buyers, Selling Myths

The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process.A real estate expert uses their knowledge of what’s really happening with home prices, housing...

Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

by Wells Funding Group | Mar 10, 2023 | Buying Myths, First Time Home Buyer, For Buyers, Infographics, Rent vs. Buy

Is Buying a Home Better Than Renting? If you’re currently renting, you might be wondering if now is the right time to make the leap into homeownership. While the decision to buy a home depends on your personal situation, there are many reasons why buying could make...

How To Make Your Dream of Homeownership a Reality

by Wells Funding Group | Feb 23, 2023 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers

According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is...

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...

Think Twice Before Waiting for 3% Mortgage Rates

by Wells Funding Group | Jan 17, 2023 | Buying Myths, First Time Home Buyer, For Buyers, Interest Rates, Move-Up Buyers

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing...

Key Terms To Know When Buying a Home [INFOGRAPHIC]

by Wells Funding Group | Jan 13, 2023 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Infographics, Move-Up Buyers

Some Highlights Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process. If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to...