Mortgage rates have repeatedly hit record lows in recent months, which theoretically makes it a great time to purchase a new home. Unfortunately, property values have also gone up due to high demand and limited supply.
Articles with Tag: mortgage
Interest rates have been creeping higher, but they're still pretty low when you look at their history. Meanwhile, housing prices -- which were crashing 10 years ago -- have been on a steady climb.
If you want to buy a house but don’t have a lot of money for a down payment, don’t lose heart. Your dream of homeownership is still attainable.
Preapproval is how much a lender is willing to lend you to purchase a home, based on your credit and financial strength. While preapproval is just an estimate of how much mortgage you can afford, it’s one of the most important steps in the home-buying process.
Getting Mortgage First approval is the first formal step toward buying a home. But there are plenty of things you can do to be ready even before you complete an application. By being prepared before you talk to a mortgage loan officer, you can make the process faster and easier.
You are ready to take the plunge into home ownership. You’ve already started browsing the home listing websites and have put together your “must have” list.