TRENDING MORE THAN EVER: DOWN PAYMENT ASSISTANCE FROM MOM AND DAD

It’s no longer the exception to the rule. Rising home prices are sending first-time home buyers to their parents for help with down payments, according to Ben Eisen's recent article in Realtor.com. More than 26% of mortgage borrowers who used Federal Housing Administration-insured loans got assistance from a relative to make the down payment in the 12 months through September. This figure is up from about 22% in 2011. It comes as no surprise that mom and dad are shelling out cash and helping their adult children achieve the American Dream of homeownership. It has been going on for generations. But according to the 2018 NAR Home Buyer and Seller Generational Trends Report, it’s on the rise.

Credit Score Resolutions for The New Year

The new year is the perfect time for resolutions in all aspects of life. Many people start out making fitness goals, monetary goals, personal goals and more. For those whose 2019 resolutions include purchasing a home, we offer some excellent resources. When you are looking to buy a new home, your credit score is one of the most important factors in determining whether you will be approved for a mortgage. If you don’t know your credit score, take heart: Many credit card companies and banks now offer an opportunity to check a credit score for free on their website. Websites such as annualcreditreport.com allow you to view your credit report once a year at no charge. Following are some ways t

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