Ready to Buy?

Read answers to real questions about homes and mortgages.

Buying a Home

More than just an investment.

Buying a home can be exciting, challenging, and a little overwhelming—all at the same time. For most of us, it's the biggest purchase we'll ever make. And for many, it's the fulfillment of a dream.

Certainly, financial considerations are a big part of buying a house. But before you get caught up in sale prices and potential appreciation, remember this: Buying a home is about your quality of life, not just about making your money grow.

Making sure you're ready.

Once you've decided you really want to own your own home, there's a lot to consider to make sure you're ready to take on this kind of financial responsibility. Start with the following:
Keep in mind that if you make a down payment of less than 20% of the purchase price, you'll be required to purchase private mortgage insurance, an additional expense. Are you saving enough? Have you prioritized your savings? Make sure you're on the right track by reviewing these savings fundamentals.


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