![The Wealth-Building Power of Homeownership [INFOGRAPHIC] Simplifying The Market](https://img.chime.me/image/fs/chimeblog/20240608/16/original_5050ef6d-e8e7-4412-87e6-9924e9b58c2b.png)
Some Highlights
- If you’re trying to decide if buying a home is worth it, consider the long-term benefits, like building equity as home values grow over time.
- According to the FHFA, home values have increased by 315.7% since 1991.
- Home equity is one reason owning your own place can really pay off in the long run. When you're ready, talk with a local real estate professional.
FROM OUR BLOG
Here’s Why Mortgage Rates Are What They Are Right Now
If you're waiting for mortgage rates to fall a lot before you buy, you may be waiting a while. But before you get discouraged, there's a number working behind the scenes that's actually good for you right now. It's called the spread, and once you understand it, you may see today’s rates in a whole n
The Case for Putting 20% Down on Your Next Home
If you’re planning to buy your next home soon, you’ve probably heard the old rule about saving 20% for your down payment.The truth is, you usually don’t have to. Plenty of loan options let qualified buyers put down much less. But a lot of repeat buyers are choosing to put down 20% anyway.So, why are
Thinking About Waiting for Lower Mortgage Rates? Read This First.
Imagine waiting a year to buy a home, only to find mortgage rates haven't changed much. That may sound frustrating.But it's a real possibility.A lot of people are putting their plans on hold because they believe much lower mortgage rates are right around the corner. But, based on today's forecasts,
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