Ready to Buy Your First Apartment? Here’s What You Can Afford

February 10, 2021 | By Stella M AuthorMy First Apartment

According to a recent study, 32.6% of Americans rent their homes, whereas 67.4% of American adults own their homes. These numbers reflect that homeownership has been increasing over the past few years, especially outside metropolitan areas and in the Midwest. If you want to become a homeowner but don’t want to commit to a full…

How Is COVID-19 Affecting Mortgages?

April 15, 2020 | By Stella M AuthorMy First Apartment

The COVID-19 pandemic has wreaked havoc on Americans’ ability to afford their basic monthly expenses. Many Americans who own their apartments have had to contact their mortgage loan servicers to discuss alternative options, and people who were looking to buy apartments as the pandemic upended everyday life have faced their fair share of obstacles, too.…

How Does the Coronavirus Stimulus Package Address Mortgage Relief?

April 2, 2020 | By Stella M AuthorMy First Apartment

On March 27, President Trump signed a $2 trillion coronavirus stimulus package that provides financial relief for individuals, small businesses, state and local governments, and other entities. Included in the package are significant mortgage relief options for apartment owners who are at least temporarily unable to make their usual monthly payments. Here’s everything you need…

What If I Can’t Pay My Rent or Mortgage Due to Coronavirus?

March 25, 2020 | By Stella M AuthorMy First Apartment

Over the past two weeks, the COVID-19 pandemic has at least temporarily shuttered a wide variety of small businesses, especially those in the restaurant, nightlife, hospitality, beauty, and entertainment industries. In turn, millions of people have been left with no source of income, and if you’re one of these people, you might be struggling to…