by Wells Funding Group | Apr 5, 2022 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Move-Up Buyers
When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted professionals who can help you...
by Wells Funding Group | Mar 11, 2022 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Infographics, Interest Rates, Move-Up Buyers
Some Highlights Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford. Terms like appraisal (what lenders rely on to validate a home’s value) and the...
by Wells Funding Group | Mar 9, 2022 | Buying Myths, First Time Home Buyer, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean homes are now...
by Wells Funding Group | Mar 2, 2022 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Move-Up Buyers
For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the hardest steps on the path to homeownership....
by Wells Funding Group | Feb 8, 2022 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers
If you’re looking to buy a home, you may be wondering how your student loan debt could impact those plans. Do you have to wait until you’ve paid off your student loans before you can buy your first home? Or could you qualify for a home loan with that debt? To give you...
by Wells Funding Group | Jan 31, 2022 | Buying Myths, First Time Home Buyer, For Buyers, Interest Rates, Pricing, Rent vs. Buy
If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable...
