The U.S. housing market is in the midst of an affordability crisis. Home prices have soared, mortgage rates remain above 6%, and the average age of first-time buyers has climbed to nearly 40. Against this backdrop, the Trump administration has floated a bold idea: introducing 50-year mortgages as a way to make homeownership more accessible. …
Continue reading “The 50-Year Mortgage: A Game-Changer or a Debt Trap?”
Yes, title insurance is something first-time homebuyers should pay attention to, even though it’s often overlooked. Here’s why: What Is Title Insurance? Title insurance protects against hidden problems with a property’s ownership history—issues that might not show up during the title search but could surface later. These include: Unpaid property taxes or liens Errors in …
Continue reading “Do first-time homebuyers need to worry about title insurance?”
The real estate market changes continually, and first-time buyers can face daunting challenges. The journey — from finding the right agent and a desirable property to successfully closing escrow — can be intimidating. The good news is that a first-time home buyer can still find an excellent home to call their own. It just takes …
