[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f34da3i9f6ujlh":3,"$ffeh0925h8cuz":43,"$fbwk2pqjjqsc7":47},{"item":4,"previous":31,"next":37},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":29,"updatedAt":30},15126,"your-tax-refund-can-help-you-achieve-your-homebuying-goals","Your Tax Refund Can Help You Achieve Your Homebuying Goals","\u003Cp>Have you been saving up to buy a home this year? \u003C\u002Fp>","","blog","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230411\u002F20230411-your-tax-refund-can-help-you-reach-your-homebuying-goals-KCM.jpg","\u003Cp>Have you been saving up to \u003Ca href=\"\u002F2023\u002F04\u002F07\u002Fthe-key-advantage-of-investing-in-a-home-infographic\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">buy\u003C\u002Fa> a home this year? If so, you know there are a variety of expenses involved – from your down payment to closing costs. But there’s good news – your tax refund can help you \u003Ca href=\"\u002F2023\u002F03\u002F23\u002Fwhy-buying-a-home-is-a-sound-decision\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">achieve\u003C\u002Fa> your goals by paying for some of these expenses.\u003C\u002Fp>\u003Cp>\u003Cem>SmartAsset\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fsmartasset.com\u002Fdata-studies\u002Fstates-with-the-largest-tax-refunds-2023\" rel=\"noopener noreferrer\" target=\"_blank\">estimates\u003C\u002Fa> the average American will receive a $1,798 tax refund this year. The map below provides a more detailed estimate by state:\u003C\u002Fp>\u003Cp>\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230411\u002F20230412-average-tax-refund-in-2023-MEM.png\" rel=\"noopener noreferrer\" target=\"_blank\">\u003Cimg src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230411\u002F20230412-average-tax-refund-in-2023-MEM.png\">\u003C\u002Fa>\u003C\u002Fp>\u003Cp>According to \u003Ca href=\"https:\u002F\u002Fmyhome.freddiemac.com\u002Fblog\u002Fhomeownership\u002Fhow-use-your-tax-refund-buy-home?\" rel=\"noopener noreferrer\" target=\"_blank\">\u003Cem>Freddie Mac\u003C\u002Fem>\u003C\u002Fa>, there are multiple ways your refund check can help you as a homebuyer. If you’re getting a refund this year and thinking about buying a home, here are a few tips to keep:\u003C\u002Fp>\u003Cul>\u003Cli>\u003Cstrong>Saving for a down payment\u003C\u002Fstrong> – One of the largest barriers to homeownership is saving for a \u003Ca href=\"\u002F2023\u002F02\u002F03\u002Fyou-may-not-need-as-much-as-you-think-for-your-down-payment-infographic\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">down payment\u003C\u002Fa>. You could reach your savings goal more quickly than expected by using your tax refund to help with your down payment.\u003C\u002Fli>\u003Cli>\u003Cstrong>Paying for closing costs\u003C\u002Fstrong> – You have to pay fees to your lender, real estate agent, and other parties involved in the homebuying transaction before you can officially take ownership of your home. You could direct your tax refund toward these \u003Ca href=\"\u002F2023\u002F03\u002F31\u002Ffacts-about-closing-costs-infographic\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">closing costs\u003C\u002Fa>.\u003C\u002Fli>\u003Cli>\u003Cstrong>Lowering your interest rate\u003C\u002Fstrong> – Your lender might give you the option to \u003Ca href=\"https:\u002F\u002Fmyhome.freddiemac.com\u002Fbuying\u002Fmortgage-rates\" rel=\"noopener noreferrer\" target=\"_blank\">buy down\u003C\u002Fa> your mortgage interest rate during the homebuying process. That means, you could pay upfront to have a lower interest rate on your fixed-rate mortgage.\u003C\u002Fli>\u003C\u002Ful>\u003Cp>The best way to \u003Ca href=\"\u002F2023\u002F03\u002F15\u002Fbalancing-your-wants-and-needs-as-a-homebuyer-this-spring\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">prepare\u003C\u002Fa> to buy a home is to work with a trusted real estate professional who understands the process. They’ll help you navigate the costs you may encounter as you \u003Ca href=\"\u002F2023\u002F03\u002F22\u002Freasons-to-consider-condos-in-your-home-search\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">begin\u003C\u002Fa> your homebuying journey.\u003C\u002Fp>","\u003Cp>Your tax refund can help you reach your goals of \u003Ca href=\"\u002F2023\u002F04\u002F06\u002Ftrying-to-buy-a-home-hang-in-there\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">homeownership\u003C\u002Fa>. Let’s \u003Ca href=\"\u002F2023\u002F03\u002F14\u002Fan-expert-gives-you-clarity-in-todays-housing-market\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">connect\u003C\u002Fa> to discuss how you can start your journey today.\u003C\u002Fp>","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230411\u002F20230412-average-tax-refund-in-2023-MEM.png",false,[17,21,25],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},11,"First-Time Buyers","first-time-buyers",{"id":26,"name":27,"slug":28},38,"Move-Up","move-up","2023-04-12T10:30:00Z","2023-04-12T10:30:58Z",{"id":32,"slug":33,"title":34,"featuredImage":35,"publishedAt":36,"contentType":10,"isVideo":15},15122,"the-big-advantage-if-you-sell-this-spring","The Big Advantage If You Sell This Spring","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230410\u002F20230411-the-big-advantage-if-you-sell-this-spring-KCM.jpg","2023-04-11T10:30:00Z",{"id":38,"slug":39,"title":40,"featuredImage":41,"publishedAt":42,"contentType":10,"isVideo":15},15127,"want-to-sell-your-house-this-spring-price-it-right","Want To Sell Your House This Spring? Price It Right.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230412\u002F20230413-want-to-sell-your-house-this-spring-price-it-right-KCM.jpg","2023-04-13T10:30:00Z",{"cover":44,"open":45,"shareSpread":46},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[48,52,53,57,61,65,69,70,74,78,79,83,87,91,95,99,103,107,111,115,119,123,127,131,135,139,143,147,151,155],{"id":49,"name":50,"slug":51},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":54,"name":55,"slug":56},6,"For Sellers","sellers",{"id":58,"name":59,"slug":60},7,"Foreclosures","foreclosures",{"id":62,"name":63,"slug":64},8,"Infographics","infographics",{"id":66,"name":67,"slug":68},9,"Home Prices","home-prices",{"id":22,"name":23,"slug":24},{"id":71,"name":72,"slug":73},34,"Senior Market","senior-market",{"id":75,"name":76,"slug":77},35,"Mortgage Rates","mortgage-rates",{"id":26,"name":27,"slug":28},{"id":80,"name":81,"slug":82},41,"For Sale by Owner","for-sale-by-owner",{"id":84,"name":85,"slug":86},42,"Featured","featured",{"id":88,"name":89,"slug":90},45,"New Construction","new-construction",{"id":92,"name":93,"slug":94},52,"Luxury \u002F Vacation","luxury--vacation",{"id":96,"name":97,"slug":98},53,"Rent vs. Buy","rent-vs-buy",{"id":100,"name":101,"slug":102},80,"Time-sensitive","time-sensitive",{"id":104,"name":105,"slug":106},81,"Outdated","outdated",{"id":108,"name":109,"slug":110},147,"Internal","internal",{"id":112,"name":113,"slug":114},148,"Do Not Autopost","do-not-autopost",{"id":116,"name":117,"slug":118},320,"Inventory","inventory",{"id":120,"name":121,"slug":122},321,"Agent Value","agent-value",{"id":124,"name":125,"slug":126},322,"Affordability","affordability",{"id":128,"name":129,"slug":130},323,"Buying Tips","buying-tips",{"id":132,"name":133,"slug":134},324,"Downsize","downsize",{"id":136,"name":137,"slug":138},325,"Economy","economy",{"id":140,"name":141,"slug":142},326,"Equity","equity",{"id":144,"name":145,"slug":146},327,"Forecasts","forecasts",{"id":148,"name":149,"slug":150},328,"Selling Tips","selling-tips",{"id":152,"name":153,"slug":154},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":156,"name":157,"slug":158},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]