Credit Scores Are Crucial for Homebuyers
Credit plays a very important role when it comes to purchasing a home. Your credit score demonstrates your history of debt payments to entities that loan you money. There are three credit bureaus (Experian, TransUnion, and Equifax), and each bureau scores credit...
Lower Your Interest Rate with a 2-1 Buydown
The housing market is ripe for a type of financing known as “2-1 Buydown.” (Here is a short article that was published on January 6, 2023, where I am quoted.) Simply put, the buyer reduces their monthly interest rate on their mortgage for the first two years. The...
Mortgage Volatility vs. Stability
Looking Back: In our last blog (Feb 2022), we indicated that there were three main factors at play in what promised to be a year of transition – inflation, lack of real estate inventory, and an abundance of home buyers. All three ended up growing over these last five...
Certain About Uncertainty – Factors Affecting Mortgage Rates
All indications point to another very interesting year in 2022 for mortgages and real estate. If anything is certain in the year ahead, it is that uncertainty awaits. There are many influential issues to tackle, and as your trusted mortgage loan consultants, we always...