Homeownership is the American Dream. It’s a significant step towards building wealth, but people across the country are struggling to purchase a home. Why?
Limited Homes for Sale...and prices are high. Plus, the Fed is raising interest rates.
However, homeownership is not a lost dream—it’s a long-term investment. Here’s how you can achieve it:
- Gain Speed with Bank Lenders
- Fix Financial Flaws
- Build your savings
- Understand your local market
- Set a realistic budget and stick to it
Find more tips, speak with a loan officer or visit the ABA Foundation at aba.com/consumers.
Blog post courtesy of the American Bankers Association.