Archive for the ‘Down Payments’ Category
Multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to an article by Realtor.com, “Nearly 1 in 5 Americans is now living in a multigenerational household –… Read More
Posted November 7, 2017 in 100 Mile Coast, Beaufort, Beaufort Info, Bluffton, Buyers, Coastal Georgia, Down Payments, Financials, General News, Health, Home Buying, Pooler, Savannah, Savannah Info, The Lowcountry
Increase Your Purchasing Power According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.47%. Rates have remained at or below 3.5% each of the last 16 weeks, marking a historic low…. Read More
Highlights: Interest Rates are still below historic numbers. 88% of property managers raised their rent in the last 12 months! Credit score requirements to be approved for a mortgage continue to fall.
Posted July 26, 2016 in 100 Mile Coast, Beaufort, Bluffton, Buyers, Coastal Georgia, Down Payments, Financials, First Time Buyers, General News, Home Buying, Infographics, Pooler, Savannah, The Lowcountry
Highlights: The average FICO score of Approved Conventional Loans was 757 in May The average FICO score of Approved FHA Loans was 688 in May Since April 2013, the ability of Americans to obtain a mortgage has increased substantially. From Keeping Current… Read More