Case-Shiller Home Price Growth Ticks Upward in November Reading Home prices increased in November, with national home prices up 0.70 percent month-to-month and 6.20 percent higher year-over year.
3 Key Ways To Save Up For Your Down Payment
Saving money at any time of the year is difficult, let alone after the holiday season. After spending hundreds of dollars on gifts for loved ones, here are a few tips you can use to save up for your down payment.
Transfer A Fixed Amount Of Money Into A Special Bank Account Each Month.
Before you think about applying for a loan, open a new bank account designated for your down payment funds. Each month, deposit a fixed amount into this savings account, and don’t touch the money. You can even set up automatic payment, so you do not forget to deposit the money. After a while, these deposits will add up and contribute a large sum towards your down payment. If you start saving up now, you will worry less later.
Skip Vacations For a Year.
While relaxation time is important, sometimes in life you need to sacrifice for things you want. If you’re struggling with saving money, avoid taking costly trips for a year.
Cut Out Unnecessary Expenses.
Netflix, Hulu, and Amazon Prime are great streaming services, but the monthly fees add up after a while. When preparing to apply for a loan, cut out unnecessary expenses to save extra money. Add up your finances and see where your money is going each month. Figure out what your necessity and splurge purchases are.
Follow these tips and you’ll have more money to use towards your down payment. Once you decide to apply for a loan, contact one of our professional loan officers. We will be more than happy to assist you through the mortgage application process.
For More Info Visit: http://www.bondstreetloans.com
Having the right real estate agent means having an agent who is committed to helping you buy or sell your home with the highest level of expertise in your local market. This means also to help you in ....
Latest Blog Posts
The 4-Step Financial Checkup to Get Ready for a Mortgage in 2018 Are you ready to join the ranks of homeowners in our local community? Congratulations – homeownership is a big step towards
What’s Ahead For Mortgage Rates This Week – February 5th, 2018 Last week’s economic releases included readings on pending home sales, Case-Shiller Home Price Indices and construction.
What Is Mortgage Insurance and How Does It Benefit Me? Let’s Take a Look Are you in the market for a new home? If you are considering a mortgage, you may be curious about mortgage insurance,