When compared with ten years ago, first-time home buyers are spending four times as much money to get into a home. That’s not stopping first-time home buyers. Purchasing a home is still cheaper than renting. The cost of home ownership is expected to ease. To take advantage of these good times, set a budget to prevent overspending. Make sure you choose a mortgage with the best terms and make sure you understand the loan terms. Know your credit score and address any problems.
