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If you don’t plan to live in a home for a long time, an adjustable-rate mortgage can potentially save you some money. Loan terms Also consider your loan term, such as 15 or 30 years.
Common mistakes for first-time homebuyers 1. Looking for a home before applying for a mortgage. When you’re buying your first house, it’s common to start viewing homes before ever getting in ...
How to compare lenders as a first-time homebuyer. When comparing mortgage lenders as a first-time buyer, you will want to consider several factors. Loan products may look similar on the surface ...
First-time buyers often face a number of obstacles to purchasing their home. With an average age of 35, according to the National Association of Realtors, first-time homebuyers are 23 years younger...
The U.S. housing market is as challenging as ever for homebuyers, with mortgage rates close to a 23-year high, housing prices near an all-time record and inventory tight across the nation. Still ...
According to HUD, you can potentially be considered a first-time buyer even sooner than three years if you previously owned a home with a spouse but you're no longer married.
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