So, this is it. You’ve decided to take the plunge and purchase a home. Maybe you’ve been renting for years and are ready for the next step in life.
There are two major out-of-pocket costs that are due at closing — the down payment and closing costs. The down payment is a percentage of the home’s sale price that you pay up front.
You’ve applied for a new home loan or have decided to refinance your existing mortgage. You’ve made a great choice, and much of the work is now done.
According to a recent study*, 56% of Americans said they have visited multiple stores to compare prices on items like appliances or airfare, and a whopping 83% of Americans said they have visited multiple websites when comparison shopping.