Americans could save $700 million by checking one thing before buying a home

Indonesia Berita Berita

Americans could save $700 million by checking one thing before buying a home
Indonesia Berita Terbaru,Indonesia Berita utama
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

1 in 4 home owners said they no longer felt financially secure after they bought their current home, according to a recent survey.

Studying list prices or putting in a lower bid on a house will certainly save you money, but Americans could save even more money by shopping around for a better mortgage rate. Half of home buyers only look at one lender before they apply for a mortgage, personal-finance website NerdWallet found.

Nearly two-thirds of Americans believe that it is necessary to have a 20% down payment to purchase a home, the survey found. In reality, nearly one-third of current home owners put 5% or less down when they bought the home they now live in. A bigger down payment isn’t necessarily a bad thing: It reduces the size of your mortgage, for starters, and can help you get a better rate. But getting a mortgage with a smaller down payment isn’t fool-proof.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

MarketWatch /  🏆 3. in US

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Americans want new homes, just not these onesAmericans want new homes, just not these onesU.S. existing-home sales fell in January to a three-year low, the National Association of Realtors said on Thursday. More unsold homes and a dip in mortgage rates ought to help the market. But the dearth of starter homes means what’s available is increasingly out of reach.
Baca lebih lajut »

3 Things to Know Before You Buy Marijuana Stocks3 Things to Know Before You Buy Marijuana StocksIf you want to experiment with stocks like Curaleaf Holdings or MedMen Enterprises, here are a few things to know first.
Baca lebih lajut »

37 Things That Will Save You Time, Energy, And Money Over Time37 Things That Will Save You Time, Energy, And Money Over TimeFuture you is squealing with delight rn.
Baca lebih lajut »



Render Time: 2025-03-17 05:25:42