Tag Archives: home financing
5 First-Time Home Buyer Mistakes to Avoid
You have enough to worry about when it comes to buying your first home in today’s market. While FFCCU members are used to great rates from their credit union, rates overall are discouraging many buyers. Already low inventory is being exacerbated by private equity buying up single family homes and driving up prices. Throw in… (read more)
Posted In: Home Buying
Managing Moving Costs – Avoid These Mistakes
Moving Soon? Avoid These Common (and Costly) Mistakes… When it comes to moving, you’re in good company. According to Zillow, June is the most popular month to move, with many families and individuals packing up during the summer to take advantage of better weather and school breaks. Moving comes with more than just boxes and… (read more)
Posted In: Home Buying
Real Estate Market in 2025 – Buyer/Broker Agreements
If you’re stepping into the real estate market for the first time, you might have caught wind of recent news: commission rules have changed, and the way homes are bought and sold is shifting in 2025. While this may sound daunting, the good news is these updates are making the home buying process more transparent—and… (read more)
Posted In: Home Buying
Tips for First Time Home Buyers – 2025 Edition
Buying a new home can be an intimidating process, particularly if it’s your first time. It’s the largest purchase most of us will make in our lifetimes. There’s a lot to think through and a lot of preparation involved. Here are a few tips for first time home buyers. Budget: How Much Should First… (read more)
Posted In: Home Buying, Uncategorized
How to Brace for Increasing Housing Prices: A Guide for Homeowners and Renters
Have you noticed your insurance bills skyrocketing lately? If so, you’re in good company. According to Policygenius, the average home insurance premium rose by 21% between May 2022 and May 2023. Combine this with increasing housing prices, property taxes, and high interest rate debt, and it’s no wonder why so many Americans are struggling in… (read more)
Posted In: Guest Blog, Home Buying
Can I Buy a House – Or Am I Too Young?
Homeownership is seen as a truly “adulting” milestone. And it can be an exciting adventure for first-time buyers. But here’s a little cold water: the National Association of Realtors reports the average age of first-time home buyers is 35. And that’s an improvement from the previous average of 36! A discouraging mix of high interest… (read more)
Posted In: Mortgage
Stay or Go? – Home Equity vs Mortgage
Flashy new homes decked out with the latest design trends. You’re spotting them as you cruise through your city. You’re seeing them while idly scrolling Zillow. And they are definitely making an appearance on your favorite HGTV shows. It’s easy to feel like you’re missing out when you see a slick new construction. Could a… (read more)
Posted In: Home Buying, Lending
Buying a House in 2024 – How to Make the Most of Your Mortgage
If you’re already searching, you probably know that buying a house in 2024 is a stressful prospect. Interest rates are still high at the moment as the Federal Reserve continues efforts to minimize inflation. And while we’ve heard that rates are likely to drop during the year, the question of when and how much is… (read more)
Posted In: Home Buying, Lending
To Refi or Not to Refi? That is the Question
There are a lot of determining factors when it comes to whether or not you should refinance your home. Before moving forward, you should ask yourself some questions to better understand if refinancing is right for you. Here are some things to consider: Why are you interested in refinancing? Lower rates, smaller monthly payments, and… (read more)
Posted In: Lending
