2026 Mortgage Tips for Homebuyers

Buy what you can afford, even smaller homes or condos, to start building equity.
Shop lenders carefully to secure the lowest rates and minimal fees.
Consider fixer-uppers with renovation loans, like FHA 203(k), to save on purchase costs.
Explore suburban or commuter-friendly areas for more affordable homes and added amenities.
Use financial strategies like 15-year mortgages or rate buydowns to reduce long-term costs.