Do you have a score of 620 or higher? (740+ yields the best rates).
You should if you are financially stable, plan to stay in the home for at least five years, and have found a property that fits your budget. should i buy a home now or wait
Before looking at market graphs, look at your own bank accounts. You are likely ready to buy now if you meet the following criteria: Do you have a score of 620 or higher
Are your total monthly debt payments (including the future mortgage) under 36% to 43% of your gross monthly income? should i buy a home now or wait
Will you have 3 to 6 months of living expenses left over after paying your down payment and closing costs?