Prepare for your meeting with your mortgage lender by showing up with these 10 question.

By Kayla Albert |  

Buying a home starts with finding the right mortgage lender. Here are the questions you should ask mortgage lenders, before you sign on with one.

Steering clear of homebuyer’s remorse requires more than just picking the right home in the right neighborhood. According to a 2016 survey by J.D. Power, 27% of new homeowners ultimately came to regret their choice of lender. One major reason for the dissatisfaction was overall poor customer experience, including lack of communication and unmet expectations. Another factor? Pressure from the lender to choose a particular product or loan. You can remove some of the…

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The most pressing problem facing the housing industry today is the tight inventory, and according to Realtor.com, millennials may be partly to blame.

As many young potential buyers move into cities and away from the suburbs, housing construction has been notoriously weak. Cities like New York, San Francisco, Boston, and Los Angeles have seen their suburban areas shrink.

According to Jed Kolko, Chief Economist at job-search site Indeed and senior fellow at the Terner Center for Housing Innovation at the University of California, the amount of young people living in the Washington D.C. urban area increased by 8.6 percent between 2000 and 2014 as the preferences of young people change.

The difference is younger generations are choosing better…

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Analyzing down payment assistance programs for military and veterans

There are a little less down payment assistance programs out there, according to Down Payment Resource. On Monday, Down Payment Resource released its Q1 2017 Homeownership Program Index (HPI). According to the HPI, the number of down payment assistance programs fell by nine to 2,454 from the previous quarter. Around 87 percent of these programs have funds available for eligible homebuyers, unchanged from the previous quarter.

According to the Zillow Housing Aspiration Report, saving for a down payment was the biggest barrier to homeownership, as 70 percent of renters cite not affording a down payment as the top hurdle.

“There are many mortgage-ready renters today, but they don’t…

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By Trulia | Jun 01, 2017 1:16PM  

Choosing the right mortgage is daunting, so we’ve demystified common scenarios to help you find the right loan.

Tired of paying rent and ready to become a homeowner? Good news! According to Trulia’s recent rent vs buy report, buying a home remains a cheaper option than renting, thanks to relatively low interest mortgage rates and fast-rising rents. And, even better news, you’ve taken a step in the right direction when it comes to saving money — buying can be nearly 40% cheaper than renting.

But before you start picking out curtains and furniture for that new home, there are some financing decisions that need to be made. Determining what type of mortgage is best for you and your family may…

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When Billy Conry’s job transferred him to Colorado in 2014, he and his wife, Liz, were excited to move to a new state and find the perfect new home. Avid outdoor athletes who ski, run, hike, and bike year-round, the couple hoped to find a mountain home that was accessible to the outdoors and nearby trails — bonus if it was a log cabin.

It didn’t take them long to realize they’d be in for a challenge: The real estate market in the Centennial State was extremely competitive. Most of the homes the Conrys found online sold within days. They decided to beat the rush by staying put in their Utah home and pairing their online research with a local real estate agent to find their new home without seeing it in person before moving day. “The Colorado market was…

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