Articles Tagged with ''First-time home buyers''

Executive Conversation: Margaret Crowley on first-time homebuyers and Millennials

MGIC makes buying a home affordable with private mortgage insurance
By saving borrowers money, a low-down-payment loan with private MI allows them to build up more equity over time. Private MI can also be cancelled when the loan reaches 80% of the original property value, whereas FHA mortgage insurance remains for the life of the loan unless the borrower puts at least 10% down.
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5 common down payment misconceptions

What you don't know could be holding you back
Before you let the cost of a down payment get in the way of your homeownership dream, make sure you fully understand the options available to you. One of these five common misconceptions could be holding you back from buying a home.
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From HW Magazine

Hot Seat: Jay Hughes of MGIC

Ensuring sustainable homeownership
As would be the case with any generation of new potential homeowners, there is a need for education. In the case of the Millennials, there is an added element of unwinding some of the perceptions that were born out of the bubble era.
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10 tips for first-time homebuyers

How to navigate the real estate market
Homebuyers are caught in a storm of low inventory, high demand and tight credit availability right now. In these market conditions, even simple tactics can make the difference between owning a home or not. For starters, here are 10 tips.
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TransUnion: Student loans do not impact housing

Student debt keeps growing but homebuyers still buying
Despite the level of student loan debt rising to well above $1 trillion, young buyers are not being inhibited from obtaining a mortgage due to their debt, according to a new report from TransUnion. In fact, not only are younger consumers with student debt able to get a mortgage, they are also quite adept at making their payments as well.
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