Home Purchase Articles

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As Boomers downsize, will Millennials want their homes?
Home Purchase

As Boomers downsize, will Millennials want their homes?

A mass exodus of Baby Boomers from homeownership is projected to happen during the next 15 years or so. Whether leaving for rentals, senior care facilities, dying or downsizing to a smaller home, many more older homeowners are expected to leave their empty nests and sell their homes.

Kirk Haverkamp
2 years ago
Affordability issues may confront 2019 homebuyers
Home Purchase

Affordability issues may confront 2019 homebuyers

Buying a home might be more expensive in 2019. Mortgage interest rates are expected to rise throughout the coming months, making it more expensive to take out all mortgage types. The same is true of home prices. Will you still be able to afford the home of your dreams in the coming year?

David  Mully
2 years ago
A Millennials’ guide to mortgage loans
Home Purchase

A Millennials’ guide to mortgage loans

Remember when real estate professionals worried that Millennials weren't buying enough homes? Those days are over, with young adults from the ages of 18 to 35 buying more homes than any other generation according to the latest research from the National Association of Realtors.

Kara  Johnson
2 years ago
Fannie Mae HomeStyle lets you buy and renovate with a single loan
Home Purchase

Fannie Mae HomeStyle lets you buy and renovate with a single loan

If you're looking to buy a fixer-upper home and renovate it, you might be considering Fannie Mae's HomeStyle Renovation program. The program, like similar products offered by private lenders and with FHA loans, allow you to include both the costs of buying a home and those needed to renovate it all in one loan product.

David  Mully
2 years ago