Building good credit is a key element in preparing to buy a home. But there are a lot of misconceptions out there around credit scores, how they work, and how to build and maintain a good one—misconceptions that could actually hurt your credit and make it harder to buy a home. So what, exactly, are those misconceptions? A recent article from realtor.com outlined some of the most common...
Home prices have been rising dramatically; according to the Federal Housing Finance Agency (FHFA) House Price Index Report. Between Q3 2020 and Q3 2021, home prices increased, on average, a whopping 18.05 percent. For many home buyers, higher home prices means needing access to higher mortgages—and the FHFA is taking action to ensure those buyers get the mortgages they need to successfully...