Real Estate

First-time homebuyers shopping for a home are in the most difficult, confusing and complex residential market in United States history. What is a good mortgage rate?  Do I apply for a 15- or 30-year mortgage? What's an ARM?  How big a down payment do I need?  Can I buy a foreclosure?  What is REO?  Do I need a professional real estate agent?  How do I find a reliable lender?  All those questions can be answered by a professional Realtor.