Category: Financial
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What’s Really Happening with Mortgage Rates?
Are you feeling a bit unsure about what’s really happening with mortgage rates? That might be because you’ve heard someone say they’re coming down. But then you read somewhere else that they’re up again. And that may leave you scratching your head and wondering what’s true. The simplest answer is: that what you read or…
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Bridging the Gaps on the Road to Homeownership
Homeownership is a major part of the American Dream. But, the path to achieving this dream can be quite difficult. While progress has been made to improve fair housing access, households of color still face unique challenges on the road to owning a home. Working with the right real estate agent can make all the…
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Down Payment Assistance Programs
Down payment assistance programs can help pave the way to HOMEOWNERSHIP! If you are looking to buy a home, your down payment doesn’t have to be a big hurdle. According to the National Association of Realtors, 38% of first-time homebuyers find saving for a down payment the most challenging step. But the reality is, you…
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Foreclosures and Bankruptcies Won’t Crash the Housing Market
If you have been following the news recently, you might have seen articles about an increase in foreclosures and bankruptcies. That could be making you feel uneasy, especially if you’re thinking about buying or selling a house. Even though the numbers are going up, the data shows the housing market isn’t headed for a crisis.…
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Down Payment
Saving for a Down Payment? Here’s What You Need To Know If you are planning to buy your first home, then you are probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If…
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Balancing Your Wants & Needs as a Homebuyer this Spring
Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way: “While the number of homes for sale is increasing, it is still 43.2% lower than…
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2023 Mortgage Rate Projections
Now is the time to renew your plans to purchase your dream home. Inventory is at a low. This could work to your advantage because there may be fewer buyers bidding on homes. Take the time now to ensure you have a favorable credit. Connect with a reliable lender to find out what your options…
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Pre-Approval in 2023
What You Need To Know One of the first steps in your homebuyers journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. In a pre-approval, the lender tells you what types of loans you may be eligible to take…
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The Truth About Negative Home Equity Headlines
Home equity has been a hot topic in the real estate news lately. If you have been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you. In truth, the headlines don’t give you all the information you really need to understand what’s…