Graduates are feeling optimistic about achieving homeownership and feel that it is important.
According to a survey released by the nhp foundation, 60% of college grads under the age of 30 expect to become homeowners within 1 to 5 years.
Student loan debt can sometimes delay the purchase of a first home, but 38% say they will have paid down their student loans within 1 to 3 years.
We speak to high school graduates about the importance of good credit.
Knowing what questions to ask when preparing to go to college and how to use your student loans is a hot topic.
We see too many first-time home buyers have to delay the purchase of their first home because of deferred student loan debt.
Education is very important, and student loans are sometimes a necessity.
There are ways to make sure they don't affect your scores negatively and in turn, your ability to purchase a home.
If you have student loans, you can still purchase a home!
Give us a call to discuss your specific situation and see what steps need to be taken for you to become the next homeowner.
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First time homebuyers continue to represent a large part of the activity in the housing market, accounting for 38% of single-family homes sold and 57% of purchase mortgages originated.
We are seeing historically low mortgage rates combined with a pent-up demand to buy, so buyers will look to take advantage of these conditions.
Job creation is also improving, causing wage growth to align with home price growth, which helps affordability and will help spur more home sales.
We see that the inventory totals have steadily improved and will provide more choices for those looking to buy a home.
The positive impact of low mortgage rates, a robust labor market, low unemployment, and accelerating wage growth could push home sales to exceed 2018 levels.
Freddie mac's chief economist sam khater says the outlook for the housing market remains largely unchanged.
They still expect stronger home sales and housing starts in the coming months due to favorable market conditions and accelerating wage growth.
Freddie mac anticipates the single-family mortgage originations to grow for the rest of the year.
Whether you are a first- time homebuyer or needing to right-size your home, jts & co.
Wants to help you.
We've been making homeownership easy since 1996 and believe you should understand the process as you're going through it.
Our staff has a passion for helping families and we take pride in being voted the best mortgage company in the golden triangle for eight years in a row.
Give us a call to discuss your specific situation.
Schedule your mortgage checkup today!
áááááá á 24.
Data from the hud and us census bureau revealed that the south had the largest increase in new home sales across the country, with an increase of 10.3%.
Home prices have done nothing to stall demand.
Low rates, rising wages, and low unemployment have contributed to the continued demand for homes.
Although builders have built more homes, resulting in a 2% increase in housing from a year ago, that activity still hasn't kept up with demand.
The national association of home builders says their builder surveys show that traffic is steadily increasing.
It has been a very busy start for builders and home buyers in 2019, and that trend is expected to be steady.
Now is the time to get prequalified with jts & co.
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Whether you want to purchase or refinance your home, give jts & co.
We are local.
And we want to make homeownership easy for you!
Thanks for joining me today, be sure to tune in next week.