Posts with tag FirstTimeBuyers

Key Video Takeaways Anu and Michael are young and their lives are still very much in transition. Michael is making his way through medical school -- and taking out a lot of student loans to do it. Anu is just starting her career, not making as much as she would like, and unsure how quickly her salary... Continue Reading »

Key Video Takeaways David and Lia are like many of the 86.3 percent of college graduates who had to borrow money to pay for a four-year undergraduate education. Now they worry about how that might affect their chances for buying a home. The average cumulative debt of America's loan-taking undergraduates is $24,651,... Continue Reading »

First-Time Homebuyer's Guide

Mike Valdez fits the profile of a savvy first-time homebuyer perfectly. A 34-year-old financial analyst from New Rochelle, N.Y., he and his family had grown sick of living the renter's life. So two years ago he decided to test the market and find a townhouse for his growing family. But despite his financial aptitude, he... Continue Reading »

Same as Renting From the Bank?

One lender is trying to help some of their borrowers' mortgages go from bad to ... slightly less bad. Wells Fargo, the fourth largest U.S. bank, inherited roughly $100 billions in "Pick a Pay" Option ARMs when it took over Wachovia. As part of their mortgage modification plans, Wells Fargo is offering interest-only... Continue Reading »

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