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….
https://linktr.ee/hsrdallas | 2 Hearts, 1 Home: Tips for Partnered Home Buying
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
What Is A Good Mortgage Rate In Today’s Market?
To find a good mortgage rate, compare quotes from different lenders based on factors like loan type, term, and personal finances. Rates vary widely, with top-tier borrowers getting rates in the high-6% range. Credit score plays a significant role in determining mortgage rates, along with factors like debt-to-income ratio and down payment amount. Continue to full article
Top 5 Reasons To Hire an Agent When Buying a Home [INFOGRAPHIC]
Some Highlights Hiring an agent when buying a home helps you understand the buying process and the local market. They’ll also go over contracts and fine print with you, so you understand what you’re agreeing to. Plus, they’re good at negotiating, making sure you get the best deal. Expert advice from a trusted real estate professional is priceless. Connect with a local agent today.
Boomers Moving Will Be More Like a Gentle Tide Than a Tsunami
Have you heard the term “Silver Tsunami” getting tossed around recently? If so, here’s what you really need to know. That phrase refers to the idea that a lot of baby boomers are going to move or downsize all at once. And the fear is that a sudden influx of homes for sale would have a big impact on housing. That’s because it would create a whole lot more competition…
Newly Built Homes Could Be a Game Changer This Spring
Buying a home this spring? You’re probably navigating today’s affordability challenges and dealing with the limited number of homes for sale. But, what if there was a solution that could help with both? If you’re having a hard time finding a home you love, and mortgage rates are putting pressure on your budget, it may be time to look at newly built homes. Here’s why. New Home Construction Is an…
Why Overpricing Your House Can Cost You
If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s market because there are so few homes for sale right now. And historically, this is the time of year when more buyers move, and competition ticks up. That makes this an exciting time to put up that for sale sign. But while…
https://debbiewarford.real-property.pro/ | Maximize Savings: Mortgage Interest Deduction
Mortgage interest tax deduction available if itemizing, benefiting homeowners in tax year 2023. Recent tax law changes may affect eligibility for mortgage interest deduction.
The Best Week To List Your House Is Almost Here
Are you thinking about making a move? If so, now may be the perfect time to start the process. That’s because experts say the best week to list your house is just around the corner. A recent Realtor.com study looked at housing market trends over the past several years (with the exception of 2020, since it was an unusual year), and found the best week to put your house on…
https://linktr.ee/hsrdallas | Spring 2024 Mortgage Tips for Homebuyers
1. Boost your credit score:: – Even a small increase can save you thousands on interest over the loan term 2. Check and improve credit: – Strategies include midmonth payments and maintaining a low credit-utilization ratio.