These two tips work whether you want to keep your great credit score or build a better score. Building and maintaining excellent credit is so important if you are thinking of buying a home. Low credit scores will cost you…
I recently drove 20 hours from Phoenix to Idaho for a vacation and passed through 4 states on the way. Before leaving I looked at maps on-line, charted my journey, decided which towns to stop in and always had my…
Several great changes have increased the pool of first-time homebuyers that may be able to take advantage of this loan program. While it may not work for everyone's particular financial plan or budget it is a great option to consider…
The Real Truth About Down Payment and Owning a Home! Take everything you thought you knew about home buying and throw it out the window! One of the biggest misconceptions for renters is the amount of down payment needed. Only…
If you are an Arizona teacher, principal or work for the school district you can take advantage of this great homebuying program. This could speed up your homebuying journey because of the special incentives. At Magnolia Mortgage we recognize Arizona…
While it is true that home prices and inventory vary by locality, the national trend clearly shows that home prices already hit their low and are moving up again. Home prices are on the rise - waiting to buy may…
Save Money by Understanding the Difference between a Buydown and Discount Fees Buying a home in today's real estate market is challenging so education is the key to making wise financial decisions as a home buyer. Make sure you surround…
Home prices bottomed out last fall and are on the rise according to a recent report from Black Knight. As rents continue to climb in Arizona you may be asking yourself whether you should keep waiting to buy a home…
This program provides first time home buyers confidence and financial peace of mind. As a first-time homebuyer you are certainly focused on making the best financial decisions when choosing the best mortgage option. Of course, the affordability of your monthly…
Interested in purchasing a new home but concerned about the affordability of the mortgage payment? On the other hand, skyrocketing rent means owning a home may be more affordable in the long term. Rents have been increasing each year as…
