Por: CBS News Business December 22, 2023
Choosing how big of a down payment you make will have impacts throughout your mortgage term. Getty Images Buying a house is a big decision comprised of numerous smaller decisions, like where to buy, which mortgage company to use and . But one of the most important decisions you'll make is how big of a down payment to put down on your home. While conventional wisdom says that it's smart to put down 20% of the home's value, that... + full article
CBS News USA Business December 05, 2023
By tapping into their home equity, seniors can free up cash to pay for a wide array of items and expenses. Getty Images Interest rates — including those on and — have increased this year. But does that make these products a bad move in today's environment? Not... + más
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CBS News USA Business November 27, 2023
Here's how much money you'll need upfront to purchase a home in today's market. Maskot Are you ? If so, you may have found out that there are up-front costs you'll need to consider before you make an offer. Between the and , you could easily spend tens of... + más
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CBS News USA Business August 10, 2023
You can still buy a house even if you don't have a ton of money saved for an upfront payment. Getty Images/iStockphoto is a dream come true for many people, but you need a substantial amount of money to make it happen. This includes the , which is a certain amount of the... + más
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CBS News USA Business April 20, 2023
If you can wait before tapping into your home equity, you can increase how much you might be able to borrow. Getty Images/iStockphoto If you're a homeowner, your home could be a valuable source of cash for a number of purposes. By tapping into your — how much value... + más
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CBS News USA Business March 22, 2023
A home equity loan can help pay for major household repairs and improvements. Hill Street Studios/Blend Images/Getty Images Warmer weather and sunnier days mean different things for different people. For prospective homebuyers, it means inventory is high and . For existing... + más
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CNBC USA Business October 27, 2022
nd3000 iStock Getty ImagesDespite signs of a cooling housing market, home prices are still relatively high, resulting in bigger down payments. Over the past year, average down payments in the country's 50 biggest metros have grown by more than 35%, according to a , based... + más
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With high house prices, down payments peaked in 2022. They increased the most in these 5 cities. | MarketWatch
MarketWatch USA Business October 09, 2022
In May and June, the typical buyer was putting down $66,000, Redfin said But that number has cooled slightly since. Redfin also said that the typical U.S. homebuyer who took out a mortgage in July 2022, made a $62,500 down payment. That’s still up 13.6% from a year ago. And... + más
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