When mortgage rates spiked up over the last few years, some homeowners put their plans to move on pause. Maybe you did too because you didn’t want to sell and take on a higher mortgage rate for your next home. But is that still the right strategy for you? In today’s market, data shows more homeowners are getting used to where rates are and thinking it may be time to…
Final walk-through ensures property condition and completion of repairs before closing. Attendees: Buyer, agent, and sometimes builder or contractor for new homes.
Down payments for mortgages can range from 0% to over 20%, depending on the type of mortgage and the borrower's circumstances. The riskier the mortgage, the higher the down payment. In the 20 biggest U.S. cities, a 20% down payment can range from $39,127 to $263,392. The down payment lowers the risk to the lender and can affect the mortgage rate. Different types of loans have different minimum down payments,…
Physician loans offer low to no down payment requirements and exclude student loan debt for medical professionals.Foreign national mortgages have higher down payment requirements and interest rates for non-US citizens buying property in the US.
Physician loans offer low to no down payment requirements and exclude student loan debt for medical professionals.Foreign national mortgages have higher down payment requirements and interest rates for non-US citizens buying property in the US.
Cooling inflation experienced for months, but higher rent and food prices drive the Consumer Price Index to 3.4% annually.Fed hints at interest rate cuts in 2024, but borrowers may need to wait due to inflation fluctuations.
You may have heard headlines in the news lately about agents in the real estate industry and discussions about their commissions. And if you’re following along, it can be pretty confusing. But here’s the thing you really need to know – expert advice from a trusted real estate agent is priceless, now more than ever. And here’s why. A real estate agent does a lot more than you may realize….
1. Is hybrid really working? Hybrid work needs refinement for productivity and comfort, balancing office and remote needs. 2. Will AI go from hype to habit? AI's potential in Real Estate prompts a shift from hype to strategic integration and regulation awareness.
If you have student loans and want to buy a home, you might have questions about how your debt affects your plans. Do you have to wait until you’ve paid off those loans before you can buy your first home? Or is it possible you could still qualify for a home loan even with that debt? Here’s a look at the latest information so you have the answers you need….
1. Address any unresolved debt and work on improving low credit scores 2. Discuss savings and establish a budget 3. Pre-approval sets a realistic budget and boosts offer strength 4. Improve credit scores before house hunting