If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s happening and why this isn’t a cause for concern. Why ARMs […]
no money down home loans
Home Loans: The 20% Down Myth
– The Myth of 20% Down for a Home Loan – Today’s post is a guest post from Phil Wright, a lender with Nova Home Loans in Scottsdale. For many years, potential homebuyers have been put off or scared of purchasing a home because they have heard that they are required to put 20% down […]