Increasing Mortgage Rates and Their Effect on Housing Market
Check out the article below to learn house the recent rise in mortgage rates are starting to affect the market. Link to Article I mention this often to prospective buyers, sellers, friends & family - a 1% rise in mortgage rate equates to roughly 9% less buying power. Rates as January 1, 2022 hovere
Why Your Down Payment Matters!!
With multiple offers commonplace, your down payment matters more than ever. Why? Here's a few reasons. Financial strength - greater down payment portrays a stronger financial position. Less reliance on a mortgage. If your income dips or a slight financial change occurs with you or a family member,
Buying a home BEFORE selling your current home? Learn about Mortgage RECAST!
Buying a home in today's market is difficult. Buying a home in today's market with a home sale contingency is extremely difficult. Others that can afford to buy without selling often get uneasy about being homeless if they sell too soon or they want a buffer period between homes. A strategy that I i
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