New Home

6 Ways to Cope With the Stress of Buying a House

Shoes are way more fun to try on than jeans and financing an SUV is a lot more exciting than a washer and dryer. But one major purchase eclipses all when it comes to both excitement and stress: buying a home. In fact, 40% of first-time homebuyers found the experience to be the most stressful […]

New Home

Top 5 Questions to Ask as a First-Time Homebuyer

Anyone who’s ever watched a show on house hunting can tell you that shopping for a home can push people to the edge. From budget to location to the number of bathrooms — you have a lot to consider. Getting beyond the surface is essential to making an informed decision. Whether you’re a first-time homebuyer […]

New Home

What to Expect If You’re Buying a Home in 2021

Hope is in the air this spring as the economy gains strength, an increasing number of Americans receive vaccines, and post-pandemic life starts to feel within reach. As the weather warms, this sense of excitement and confidence can be felt even in the housing market. Mortgage rates remain at historic lows, while more homeowners begin […]

Home Improvement

What Is Home Equity and How Can You Use It?

Scrolling through Zillow is a great way to get a sneak peek at the beautiful floor plans or not-so-stylish kitchen concepts of houses nearby. But even real estate websites can’t tell the full story of a property. And just like a home’s beauty is in the eye of the beholder, a home’s value lies in […]

New Home

From Search to Signing: How Long Does It Take to Buy a House?

What’s the longest you’ve waited in line to purchase something? Three hours, maybe three days? Well, if you’re in the market for a home, you may have to practice patience for a bit longer. Buying a home involves several moving parts, which means the process from start to finish can take anywhere from a month […]

New Home

Understanding Home Appraisals: Know Your Home’s Value

Buying a home is an exciting experience — but before you can bask in the joy of ownership, you have to tick a few tasks off your list. One important step to tackle: getting a home appraisal. A home appraisal provides your lender with an accurate estimate of the house’s value. So, if you’re in […]

New Home

What Is a Mortgage Pre-Approval?

The last thing you want is to fall in love with a house that ends up being out of your budget — or even worse, to seal the deal on a house you can’t comfortably afford. Fortunately, you can avoid both of these situations with a mortgage pre-approval or pre-qualification. A mortgage pre-approval or pre-qualification […]

New Home

Considering an Adjustable-Rate Mortgage? Here’s What You Need to Know  

When you’re buying a home, you’ll want to consider how soon you’ll sell it and move on. Knowing how likely you are to move, upgrade, or downsize within the next 10 years, can help you decide if an adjustable-rate mortgage is best for you. Certain mortgages, like an adjustable-rate mortgage, can help you save money […]

New Home

What Credit Score Do I Need to Buy a Home?

Your credit score may just be three digits, but it’s significant in a lender’s equation for determining whether you’re approved for a mortgage loan. For first-time homebuyers and repeat buyers alike, you might not know what credit score you need to buy a home — or realize that your score can affect your loan options. […]

New Home

What Debt-to-Income Ratio Do You Need for a Mortgage?

As you shop for a home (and a mortgage to accompany it), you aren’t the only one who is reviewing your financial health. Lenders also examine several elements of it to better understand what kind of borrower and spender you are. One number that’s worth a thousand words? Your debt-to-income ratio. Here’s what lenders look […]

Top Posts

Quick Poll

Ally Tools & Tips

Let's Get Social