‘Old Millennials’ Are Diving Head-First into Homeownership

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Do You Know the Impact Your Interest Rate Makes?

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  • Interest rates

    have come a long way in the last 30 years.

  • The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget.
  • Interest rates are at their lowest in years.
  • If buying your first home, or moving up to the home of your dreams is in your future, now may be the time to act.

Slaying Myths About Home Buying [INFOGRAPHIC]

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What Would You Sacrifice To Buy A Home? [INFOGRAPHIC]

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Buying a Home: Down payments

down paymentSo you’ve found your perfect home and you’re ready to move in and make it yours. But there’s one giant hurdle that stands between you and your new sanctuary – the down payment.

10 mistakes to avoid when investing in real estate

10-Mistakes-To-Avoid-When-Investing-In-Real-Estate

The Difference Interest Rate Make

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Slaying Myths About Buying A Home [INFOGRAPHIC]

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Millennials and Housing

Housingwire published a story that loanDepot interviewed 1,000 parents of Millennial-aged children and 1,000 adults ages 18-38 to see what the financial relationship is like between the two. The study found that 85% of Millennials plan to own a home someday; however, how they will afford it is a different story.

Seventeen percent of parents said they plan to help their children buy homes, while only 11% expect to be paid back (check out the bottom, left of the graph below).

Oddly enough, the percent of parents expecting to be paid back is significantly lower than the 43% of Millennials who plan on repaying their parents.

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