Before you buy a home, it’s important to plan ahead
. While most buyers consider how much they need to save for a down payment
, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for
As we celebrate Black History Month, we reflect on the past and present experiences of Black Americans. This includes the path toward investing in a home of their own. And while equitable access to housing has come a long way, homeownership can be a steeper climb for households of color. It’s an important experience to talk about, along with how it can make all the difference for diverse homebuyers to work with the right real estate experts.
The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates
rose last year.