Owning a home is still better than renting one There are many reasons to consider buying over renting, and if the new year has you thinking of making a change, you are not alone. However, you may wonder if the dollars and cents add up in your favor as home prices continue to rise. According …
Up to $40,000 for new homebuyers in Lawrence, MA
City of Lawrence, MA offering up to $40,000 for new homebuyers The First-time Homebuyers Program is designed to assist low to moderate income families who are purchasing a residential, owner-occupied property located in the City of Lawrence. Eligible borrowers can use the funds for down payment and closing costs. Contact us to learn more details …
Concerned about mortgage interest rates? Here’s 4 great reasons to buy a home this year
Mortgage interest rates shouldn’t stop you from buying a home this year People decide to buy a new home based on a variety of factors. In most cases, life events dictate the need to enter the housing market. Some common reasons include job relocation, an expanding family, a desire to move from an urban to …
8 steps to buying a new home in 2023
Are you a first-time homebuyer thinking of buying a home this spring? By all accounts, the spring housing market is shaping up to be better than expected. Many potential first-time homebuyers overestimate the down payment and credit scores needed to qualify for a mortgage today. First-time homebuyers are often surprised at the number of loan …
RIHousing 10kDPA Program funds are depleted
RI 10kDPA funds have depleted for 2024 but MEP Advantage DPA is still live. Fill out the form to see if you qualify or contact one of our qualified loan officers to learn more! $10k Down Payment Assistance Program! RI Housing’s provides a $10,000 down payment assistance loan to first-time homebuyers in Rhode Island. The …
What is happening in the current real estate market?
What’s the state of the current real estate market? Housing inventory is at an all-time low. However, the national inventory of active listings increased by 46.8% over last year, increasing more than 13 percentage points over the previous month, the largest month-over-month increase in this growth rate since May 2022, when inventory first saw a …
