Navigating the real estate market as a first-time homebuyer can be challenging. Recent changes resulting from the National Association of Realtors® (NAR) settlement have added complexity to the process, even for experienced homebuyers. To help you prepare for the...
We understand that saving money is simple in concept, but hard in practice. That’s why so many people struggle to do it and it ranks among the top obstacles to homeownership. But with a careful approach and a critical eye on your own financial habits, you can make...
Congratulations on achieving four start on your Homeownership Snapshot! You’ve reached a major milestone that indicates that you’re ready for the next step. You’ve got your financial ducks-in-a-row when it comes to your homeownership-related finances, savings are...
If you’re planning to buy a home in the next few years, you might be thinking about saving for a down payment. That’s great! It can be a challenging process, but it’s also an exciting time — even more so when you aren’t going it alone and tackle it with a team...
When it comes to buying a home, we often fixate on the interest rates, believing they are the only meaningful factor in determining how much we can save. While interest rates do play a significant role, there are other key strategies you can employ to put thousands...
Owning a home is a significant milestone. One of the most important considerations is finding a mortgage payment that works with your financial situation. With some advance planning, you can enjoy the lowest monthly mortgage payment possible without sacrificing...
Financial stress is one of the biggest causes of poor sleep, anxiety and depression. If that sounds like you, you're not alone. According to a 2023 PwC Employee Financial Wellness survey, 60% of full-time employees are stressed about their finances. Even among...
Having financial literacy is an essential life skill that can have far-reaching impacts on one's future financial security and well-being. Financial literacy is the ability to understand and effectively manage various financial skills, such as budgeting, saving,...
Your credit score is a crucial factor when applying for a mortgage. A low score can lead to loan denial, while a high score opens doors to better interest rates and loan terms. Unfortunately, data shows that due to poor credit, 15% of mortgage applications for new...
Having little to no credit history is a major roadblock to getting approved for a loan. Lenders want to see a proven track record of responsible debt management before financing a major purchase like a car or home. If you're a recent graduate, early in your career...