Should You Buy a Home with Inflation This High?

by Wells Funding Group | Jul 20, 2022 | Buying Myths, For Buyers, Pricing

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should I...

Homeownership Could Be in Reach with Down Payment Assistance Programs

by Wells Funding Group | Jun 29, 2022 | Buying Myths, Down Payments, For Buyers

A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home. If you feel the same way, the good...

Don’t Let Rising Inflation Delay Your Homeownership Plans

by Wells Funding Group | May 20, 2022 | Buying Myths, First Time Home Buyer, For Buyers, Infographics

Some Highlights If recent headlines about rising inflation are making you wonder if it’s still a good time to buy, here’s what experts have to say. Housing is an asset that typically grows in value. Plus, your mortgage helps stabilize your monthly housing costs, and...

Why Rising Mortgage Rates Push Buyers off the Fence

by Wells Funding Group | May 17, 2022 | Buying Myths, First Time Home Buyer, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers

If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your...

Three Tips for First-Time Homebuyers

by Wells Funding Group | May 5, 2022 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers

Buying your first home is a major decision and an exciting milestone. Even though it can feel daunting at times, it has the power to change your life for the better. If you’re looking to purchase your first home, you may be wondering what’s happening in the housing...

Things That Could Help You Win a Bidding War on a Home

by Wells Funding Group | May 3, 2022 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Move-Up Buyers, Pricing

With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an...