Mortgage Do’s & Don’ts
You’ve found your dream home, applied for and got approved for a mortgage, and no doubt are excited to decorate, furnish, and make your new home yours! Your excitement is warranted for sure; however, before making large purchase or moving money around, you should consult your lender or someone who can detail how your financial […]
Homes are selling fast, could yours be next?
Buyers are actively searching for homes and purchasing them at record-breaking paces. That means right now is perfect time to list your house while buyers are ready to scoop them up. According to the National Association of Realtors (NAR), in July homes were on the market for less than a month. On average, homes are […]
Mortgage Rates At A 50-Year Low!
Sam Khater, Chief Economist at Freddie Mac, says that mortgage rates have fallen below 3% for the first time in 50 years. Of course this is great for buyers, but also it is an advantage for sellers as well! Buyer Advantages Low Rates are obviously a huge advantage; home buying is extremely affordable right now. […]
What Credit Score is Needed to Qualify for a Mortgage?
We all know that your FICO® score is crucial to the home buying process; however, many buyers aren’t sure what is required to get the loan they need. Recently, CNBC shared that the average national FICO® score is at an all-time high of 706! Fortunately, that high of a score is not necessary to qualify for […]