Folks Are Asking Me; What Are the Benefits of a 20% Down Payment?

Benefits of a 20% down payment  March 02, 2021

If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down payment options available for qualified buyers who don’t want to put 20% down, it’s important to understand how a larger down payment can have great benefits too.

The truth is, there are many programs available that allow you to put down as little as 3.5%...

Read more: Folks Are Asking Me; What Are the Benefits of a 20% Down Payment?

Today's Millennials Are Asking - Is It A Good Time to Buy a Bigger Home?

Is this the right time for Millennial's to buy a home? February 24 2021

Not only are millennials the largest generation, but at between 25 and 40 years old they are often considered in their prime homebuying years. This is when many people begin to form their own households and invest in real estate. If you’re like many millennials who are spending much more time at home these days, you may have a growing need for more space or upgraded features, making moving more desirable than ever.

For those millennials who already own a home, there’s a great opportunity to move up in 2021. As quoted by the Chief Economist at realtor.com:

Read more: Today's Millennials Are Asking - Is It A Good Time to Buy a Bigger Home?

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