by Wells Funding Group | Dec 8, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy
There are many people thinking about buying a home, but with everything affecting the economy, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the Mortgage Bankers Association...
by Wells Funding Group | Dec 7, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought...
by Wells Funding Group | Dec 5, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers
There’s no denying mortgage rates are higher now than they were last year. And if you’re thinking about buying a home, this may be top of mind for you. That’s because those higher rates impact how much it costs to borrow money for your home loan. As you set out to...
by Wells Funding Group | Dec 1, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Gen Z, Housing Market Updates, Millennials, Move-Up Buyers
If you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead. And if homeownership ranks high on your goal sheet, you’re in good company. Many of your peers are also pursuing their dream of owning a home. The 2022...
by Wells Funding Group | Nov 21, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate...
by Wells Funding Group | Nov 11, 2022 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some Highlights VA Loans can help make homeownership possible for those who have served our country. These loans offer great benefits for eligible individuals and can help them buy a VA-approved house or condo, build a new home, or make improvements to their house....
