As you know, buying a home is a big financial decision, and we can never be too prepared. In addition to the tips provided in the workshop, here are a few more resources you may find helpful as you work with clients.
Home prices vs. interest rates
How do interest rates affect home prices? Often, when interest rates are lower, housing prices tend to go higher based on supply and demand. Is that the case in your area? Request a customized report by contacting Karen Gajeski at
Rent vs. own
There are a lot of questions when it comes to buying a home, but these are usually the first:
- How do you know it is time to buy?
- How much down payment will I need?
- Am I ready to maintain a home?
- Type of properties to consider?
To help facilitate discussion around these questions, use our
Long-term home ownership
Planning for a future in a new home isn't just about buying a house. Consider incorporating the following into clients plans as well:
- Leaving TCUYou are now leaving Thrivent Credit Union's website. Deposit and lending services are offered by Thrivent Credit Union, the marketing name for Thrivent Federal Credit Union, a member-owned not-for-profit financial cooperative that is federally insured by the National Credit Union Administration and doing business in accordance with the Federal Fair Lending Laws. Insurance, securities, investment advisory and trust and investment management accounts and services offered by Thrivent, the marketing name for Thrivent Financial for Lutherans, or its affiliates are not deposits or obligations of Thrivent Federal Credit Union, are not guaranteed by Thrivent Federal Credit Union or any bank, are not insured by the NCUA, FDIC or any other federal government agency, and involve investment risk, including possible loss of the principal amount invested.
Savings: Before closing on a new home, clients should have enough savings to cover repairs and miscellaneous items that are bound to come up when they least expect it. Unfortunately, some repairs can turn out to be quite costly.
Mortgage loan officers
Finally, you're not alone. TCU wants to partner with you to help clients make sound financial decisions. Consider our MLOs members of your team. Contact Karen Gajeski at