It’s the most wonderful time of year to buy a house. (And we don’t mean the gingerbread kind.)

With the holiday season in full swing, there are many items on your to do list and it may seem counterintuitive to add a big ticket item to that list. But if you’re thinking you may want to make a move, now may be the time to add finding your dream home to your list. Check out these four reasons why December may be the time to purchase your next house.

You've Got Questions. We've Got Answers.

Imagine this: You finally make the exciting leap to start house hunting. You meet up with your realtor, see a few houses in the perfect location… and then you quickly realize there’s an inventory shortage; houses are priced far higher than you imagined and people are getting into bidding wars on houses in your dream neighborhood.

To put it nicely, 2020 hasn’t been the best. But one good thing to come out of this year is the historically low mortgage rates. Here are four ways you can use a home’s equity to work by refinancing.

With a home equity line of credit, you can turn your house into the home you’ve spent the last few months (or years) imagining.

It probably feels like you’ve waited forever to build your forever home, but before you sign on the dotted property line, ask yourself these questions to make sure you’re really ready.

LMCU’s $50,000 Home Makeover Sweepstakes is bigger than ever—with a $15,000 second place prize and a $5,000 third place prize.

What is DTI ratio?

Before you can improve your DTI ratio, it helps to know what a DTI ratio is. DTI stands for debt-to-income. It’s a comparison of your monthly debt payments versus your monthly income. Your calculated DTI ratio is used to help lenders get an idea of how well you manage monthly expenses, which helps them determine if you’ll be able to repay a loan.

If you were looking to move before the economy hit pause, or you’re ready for a change of scenery, now is a good time to buy. Realtors are back to work. Interest rates are still low. And the housing market is expected to pick up soon.

LMCU’s $50,000 Home Makeover Sweepstakes is back and bigger than ever—with a $15,000 second place prize and a $5,000 third place prize.

With a home equity line of credit, you can turn your house into the home you’ve spent the last few months (or years) imagining.