The Market for Today’s Homebuyer Today’s homebuyers are looking for a single-family home. This accounts for about 82% of the market. The average purchase price for a home is $250,000 with a 13% down payment. For first time buyers, this down…
Considering Home Resale Potential Buying a home should be a very exciting time but it’s important to consider a few factors. You’ll probably want to sell this home sometime in the future and you need to consider how your house…
Your Home Equity Could Mean Extra Cash with a Cash Out Refinance With low rates and rising home values, now might be the perfect time to refinance. Tap into your home’s equity to renovate your home, take a dream vacation,…
Have you considered refinancing your home loan to a shorter term to save money? When you switch to a shorter loan term, you’ll typically get a lower interest rate — often a full percentage point or more. And when you…
Remodeling Your Home the Eco-Friendly Way Three of the most popular home renovation projects are kitchen, bathroom, and landscaping improvements. They can make your whole home feel almost brand-new! But when you consider the environmental impact these projects can have…
Are you maximizing all the tax benefits available to you as a homeowner? Tax breaks for homeowners: Staying up-to-date on the latest tax rules is a smart move. With the recent changes from the Tax Cuts and Jobs Act, you…
Use Your Tax Return as a Down Payment on a New Home Your tax return provides a great opportunity to invest in homeownership. Have you considered putting your tax refund towards a down payment or closing costs on a new…
This GMFS Mortgage video explains the things you should NOT do while going through a home loan application process so that you can avoid complications, get approved and close on time.