Understanding Today’s Mortgage Rates: Is 3% Coming Back? A lot of buyers are pressing pause on their plans these days, holding out hope that mortgage rates will come down – maybe even back to the historic-low 3% from a few years ago. But here’s the thing: those rates were never meant to last. They were […]
Thinking about an Adjustable-Rate Mortgage? Read This First.
Thinking about an Adjustable-Rate Mortgage? Read This First. If you’ve been house hunting lately, you’ve probably felt the sting of today’s mortgage rates. And it’s because of those rates and rising home prices that many homebuyers are starting to explore other types of loans to make the numbers work. And one option that’s gaining popularity? […]
Why Would I Move with a 3% Mortgage Rate?
Why Would I Move with a 3% Mortgage Rate? If you have a 3% mortgage rate, you’re probably pretty hesitant to let that go. And even if you’ve toyed with the idea of moving, this nagging thought may be holding you back: “why would I give that up?” But when you ask that question, you […]
Don’t Let Student Loans Hold You Back from Homeownership
Don’t Let Student Loans Hold You Back from Homeownership Did you know? According to a recent study, 72% of people with student loans think their debt will delay their ability to buy a home. Maybe you’re one of them and you’re wondering: Do you have to wait until you’ve paid off those loans before you […]
The 20% Down Payment Myth, Debunked
The 20% Down Payment Myth, Debunked Saving up to buy a home can feel a little intimidating, especially right now. And for many first-time buyers, the idea that you have to put 20% down can feel like a major roadblock. But that’s actually a common misconception. Here’s the truth. Do You Really Have To Put […]
What You Need To Know About Pre-Approval
What You Need To Know About Pre-Approval Some Highlights Before you even start looking at homes, there’s something you should do first – and that’s get pre-approved for your mortgage. Pre-approval is when a lender checks your finances and decides how much you’re qualified to borrow for your home loan. This helps you determine your […]
Buying Your First Home? It’s Okay To Feel Nervous
Buying Your First Home? It’s Okay To Feel Nervous Buying your first home is exciting, but let’s be real – it can also feel overwhelming. It’s a big step, and with that comes plenty of questions. Am I making the right decision? Can I really afford this right now? Will I be able to make […]
Mortgage Rates Hit Lowest Point So Far This Year
Mortgage Rates Hit Lowest Point So Far This Year If you’ve been holding off on buying a home because of high mortgage rates, you might want to take another look at the market. That’s because mortgage rates have been trending down lately – and that gives you a chance to jump back in. Mortgage rates […]
Things To Avoid After Applying for a Mortgage
Things To Avoid After Applying for a Mortgage [INFOGRAPHIC] Some Highlights There are a few key things you’ll want to avoid after applying for a mortgage to make sure you’re in the best position when you get to the closing table. Don’t change bank accounts, apply for new credit, make any large purchases or transfers, […]
The Biggest Mistakes Buyers Are Making Today
The Biggest Mistakes Buyers Are Making Today Buyers face challenges in any market – and today’s is no different. With higher mortgage rates and rising prices, plus the limited supply of homes for sale, there’s a lot to consider. But, there’s one way to avoid getting tripped up – and that’s leaning on a real […]