A blog for your new home journey
Tag: saving money
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Mortgage Infographic: Get Your Credit Ready Before You Apply
Read moreLooking to buy a new home soon? We’ve created a handy mortgage infographic to help you understand some of the factors that affect your credit score and the ways you can improve your score—an important consideration for any lender reviewing your mortgage application. Your credit score may influence what types of loans you can qualify for and what rate lenders will offer you, so it’s best to make it a priority as soon as possible in your home search.
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5 Reasons to Become a Homeowner
Read moreThinking about buying a new home? Not quite sure you’re ready to commit? It’s perfectly normal to have cold feet—especially if you’re a first-time buyer. Homeownership is a big step, both emotionally and financially. But, like many other major life events, owning your own home can be an incredibly rewarding experience. And the more you […]
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Student Debt and Buying a Home
Read moreStudent debt is a hot topic these days, and little wonder: approximately 44.7 million Americans were paying back student loans as of 2017, according to the Federal Reserve Bank of New York (spreadsheet). If you’re one of them and have hopes of purchasing a home, the good news is that buying a home with student […]
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When to Refinance a Home Loan
Read moreWith interest rates at attractive lows, it might seem like a great time to refinance your mortgage loan—a process that involves paying off your current home loan with a new loan, resulting in new principal and interest payments (the P and the I in PITI) that could save you money, among other things. But how […]
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5 FAQs on Home is Possible
Read moreSaving up for a down payment on a new home in Nevada? This homebuyer assistance program, now available through HomeAmerican Mortgage Corporation, may help make your dream home a reality! What’s Home is Possible? It’s a grant from the Nevada Housing Division that may be used toward a down payment on a qualified home purchase. […]
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5 FAQs on Home in Five
Read moreSaving up for a down payment on a new home in Maricopa County? This homebuyer assistance program, now available through HomeAmerican Mortgage Corporation, may give you the boost you need to move up your moving day! What’s Home in Five? It’s a grant from the Phoenix and Maricopa industrial development authorities (IDA) that may be […]
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How to Save for a Down Payment on a House
Read moreThere is no way around it; buying a home is a big deal! It’s an exciting opportunity to build new memories in a space that is truly your own. Part of embarking on the path toward homeownership is saving for the down payment. Luckily, there are straightforward techniques you can use to save for the […]
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Should I Lock in My Interest Rate?
Read moreShould I lock in my interest rate today? Many people ask their loan officers, “When should I lock in my rate?” There’s no easy answer. It’s a little like asking when you should sell your stock or which mutual fund will perform better. It all depends on the market and your individual situation. Are you […]
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New Home vs. Resale Home: Maintenance Edition
Read moreWhen you think about buying a brand-new home, advantages such as choosing your neighborhood, floor plan, options and homesite probably spring to mind immediately. However, buying new over resale boasts another big benefit that many buyers often overlook: less home maintenance. Don’t have the time, inclination or funds to remodel or repair a resale home? […]
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TrendWatch: Down Payment Contributions as Wedding Gifts
Read moreYou’re not imagining it. American couples are waiting longer and longer to get married. These delayed “I do’s” pose a very serious question: Just what do you get a couple that set up house—either independently or together—years ago? Some of these happy couples may still register for traditional home goods as gifts. After all, it’s […]
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New Home vs. Resale Home: Appliance Edition
Read moreAn often-overlooked benefit of buying a brand new, never-been-lived-in home is your set of brand new, never-been-used appliances. While appliances may not make or break your decision to buy a particular new or resale home, here are five things to consider when you weigh your options: Whether you choose your builder’s standard appliance package or […]
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How Your Energy Bill Could Help You Save
Read moreHow often do you look at your energy bill? If your interest stops at AMOUNT DUE, you may be missing out on some ways to save energy and money. Energy bill basics Each utility company has its own way of invoicing you, but here are some fairly universal points you’ll find on most energy bills: […]
