By Jaymi Naciri
November 17, 2014
Buying a house is like having a baby: there’s no absolute perfect time to do either.
The down payment-interest rate-economic factors-qualification quadrangle can be so confusing. Rising rates, loosening requirements, down payment options, buyer’s markets, seller’s markets – what does it all mean to you if you want to buy a home? The truth is that while the banks might have a magical formula to determine your mortgage-worthiness, determining if the time is right really comes down to three main questions:
Do you want to buy a home?
Are you financially prepared?
Is your credit where it needs to be?
If yes, then go for it. Here are nine reasons to do it now.
November 17, 2014
Buying a house is like having a baby: there’s no absolute perfect time to do either.
The down payment-interest rate-economic factors-qualification quadrangle can be so confusing. Rising rates, loosening requirements, down payment options, buyer’s markets, seller’s markets – what does it all mean to you if you want to buy a home? The truth is that while the banks might have a magical formula to determine your mortgage-worthiness, determining if the time is right really comes down to three main questions:
Do you want to buy a home?
Are you financially prepared?
Is your credit where it needs to be?
If yes, then go for it. Here are nine reasons to do it now.