How to Buy a Home with No Money Down
If you want to buy a home but don’t have the cash on hand for a down payment, a down payment assistance (DPA) program may help. As of 2022, more than 2,000 DPA programs were offered through local, state, and…
Interest Rates: How a 2-1 Buydown Impacts Mortgage Payments
As the housing market shifts and mortgage rates rise, home sellers, builders, and loan officers get creative in attracting more homebuyers. One incentive that is currently making a comeback is called the 2-1 buydown, also known as a temporary buydown.…
June Sacramento Real Estate Market Trends and Forecast
As the pandemic drove a migration trend across the United States, the greater Sacramento area has welcomed many new residents, primarily due to its lower cost of living compared with the Bay Area. It’s not that the city isn’t expensive—it’s…
Getting a Mortgage Loan in Sacramento: Is a 30-Year or 15-Year Mortgage Better?
When buying a home or refinancing your current mortgage in Sacramento, there are many factors to consider when shopping for a home loan. When choosing a mortgage program, determining the length of time you want to spend paying off your…
How to Get Down Payment Assistance When Buying Your Home [2022 Guide & Updates]
When it comes to buying a home, there are a lot of things to take into account. After all, becoming a homeowner is one of the biggest—albeit worthwhile and investment-savvy—financial decisions most people make in their lifetimes. And one of…
Writing a Winning Purchase Offer for Your California Home
It can be TOUGH to write a winning purchase offer for your California home in today's hot market. Just how hot is the Sacramento housing market right now? Compared to this time last year, the median sales price is up,…
CALIFORNIA HOMEOWNERS: BEST PRACTICES FOR REFINANCING AMID COVID-19
Best Practices for Refinancing Amid COVID-19 It’s a wild time for our community, our state and our country as a whole, and New Way Mortgage is here to guide you through the mortgage opportunities that best fit your specific situation…
