Buying a Home Articles

How to find down payment assistance in California
June 21, 2018

Down payment assistance programs in California abound. Here are the programs you need to know about to get a mortgage in California with no money down — whether you’re a first-time homebuyer or not.

Michelle Schroeder-Gardner: Stop living paycheck to paycheck
June 15, 2018

Personal-finance guru, Michelle Schroeder-Gardner, spoke with Ask a Lender to offer budgeting tips for first-time homebuyers looking to save enough money for a down payment on their dream home.

9 common questions first-time homebuyers ask lenders
June 13, 2018

If you’re buying a home for the first-time, you probably have a lot of questions about getting a mortgage. We talked to lenders with experience serving first-time homebuyers to find answers for the most common questions.

Rising interest rates causing concern for some homebuyers
May 29, 2018

Housing experts believe mortgage rates will top 5 percent by year’s end. Still considered low by historic averages, interest rates are rising and are not expected to come back down. Find out the effect that rising rates will have on homebuyers.

Rent reporting can help build credit
May 16, 2018

Renters with no credit or bad credit can use a rent-reporting service to improve their creditworthiness and their odds of being approved for a home mortgage.

Purchasing a home with poor or no credit
May 15, 2018

Credit from home mortgage lenders isn’t as available as it used to be, but there are home-purchase options and strategies for consumers with bad credit or no credit.

Tips to win your home purchase bidding war
May 8, 2018

If you get stuck in a bidding war when you buy a house, money talks. There are other tricks to make your offer stand out from the rest, however. Here are eight ways to make sure you come out the victor in a home purchase war, even if you are a first-time homebuyer.

Tips to buy a house in a hot market
May 4, 2018

If you’re struggling to find and buy a house in one of the country’s hottest markets, you’re not alone. Ask a Lender talked to Realtors, home mortgage lenders and housing industry analysts to collect helpful tips for finding the right house for your budget.

Housing squeeze is creating commuters
May 4, 2018

A lack of affordable housing near city centers is sending homebuyers farther into the suburbs to make home purchases in their price range. A similar suburban migration preceded the end of the last housing bubble.

Should you buy a house now or wait
April 30, 2018

Should you buy a house now or wait on that home purchase? Waiting could cost you money. Here’s how soaring home prices and rising interest rates make it more expensive to buy a house the longer you wait.

How a home purchase builds wealth
April 26, 2018

Does home appreciation help homeowners build wealth? A home purchase is often a person’s single largest asset, but how do home equity and home appreciation work together to build wealth? It’s a one-two punch.