by Wells Funding Group | Jun 1, 2021 | First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy
Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of Americans call their homes their own, a...
by Wells Funding Group | May 27, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy
There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some...
by Wells Funding Group | May 26, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Pricing, Rent vs. Buy
The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits their current lifestyle....
by Wells Funding Group | May 21, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Infographics
Some Highlights For the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans. Real estate has been gaining ground against stocks, gold, and savings accounts over the last 11 years and now stands at its highest...
by Wells Funding Group | May 17, 2021 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers, Pricing
When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as...
by Wells Funding Group | May 7, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your...
