New Home Finance FICO Score

Understand Credit / FICO Scores to Buy a New Home

Whether for free or a fee, numerous websites offer credit scores. However, according to a recent FICO report, the majority of credit score inquirers believe they’re receiving their FICO Score, when, in fact, they’re receiving a non-FICO score. “Because other credit scores look similar to FICO Scores, consumers have no way of determining, through the credit score itself, whether or …

new home buying

Home Buying Confidence Increased During COVID-19

A new survey on consumer sentiment about the real estate market shows buyers are surprisingly optimistic right now. More than 42,000 consumers across the nation participated in the survey, conducted by Meyers Research. Respondents were represented all age groups, from people born before 1945 to 20-year-old Generation Z. While COVID has hurt many aspects of life, one thing it hasn’t …

low mortgage rates for new home builds

Housing Is More Affordable Than It’s Been in 3 Years

Due in large part to the persistent decline in mortgage rates throughout 2019, housing is now more affordable than it has been at any point in the last three years. That’s according to a new analysis of the nation’s housing market from the National Association of Home Builders and Wells Fargo. As the latest data from Freddie Mac shows, mortgage rates now sit at 3.69%, more than a full …

happy customers

Making the Leap from Renter to First-Time Homeowner

What could be more exciting than making the leap from renter to first-time homeowner? You turn the key in a lock that no landlord has access to, you can read in a hammock in your own backyard, and you can even paint your dining room bright red, if you want to! Getting swept up in all the excitement is such …

New Homes in Houston TX by Long Lake

Why First-Time Home Buyers Should Purchase Soon

Home buyers were granted a bit more time to lock in today’s incredibly low mortgage rates before the era of low interest rates ends with the Fed’s decision to postpone raising its short-term target rate. However the move by the Fed just substantially increased the odds of the important symbolic move occurring in December. And like we’ve seen this week …