How to Actually Afford to Buy A Home in America

Home buyers today face tough challenges—housing prices have soared, a dollar doesn’t go as far as it once did and rent is more expensive than the past. How are people today making such a large purchase in spite of these hurdles? With more flexibility and a bit of creativity when it comes to financing, today’s buyers are finding ways to achieve homeownership. Know Your Options (And Credit Score) To even begin the home buying process, it’s important to know what resources are available. Turns out, according to a 2017 Fannie Mae working paper, “How Much Do U.S. Households Know About Qualifying …