If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan. Over the last couple of years, that was easier to do as the housing market saw record-low mortgage rates, but this year rates have risen dramatically.
If you’re looking for ways to combat today’s higher rates and lock in the lowest one you can, here are a few factors to focus on. Since approval opportunities can vary, connect with a trusted lender for customized advice.
Your Credit Score
Credit scores can play a big role in your mortgage rate. Freddie Mac explains:
“When you...
The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall.
To help you make a confident decision, lean on the professionals for insights. Here are a few things experts are saying about the fall housing market.
Expert Quotes for Fall Homebuyers
A recent article from realtor.com:
“This fall, a more moderate pace of home selling, more listings to choose from, and softening price growth will provide some breathing room for buyers searching for...
As you set out to buy a home, saving for a down payment is likely top of mind. But you may still have questions about the process, including how much to save and where to start.
If that sounds like you, your down payment could be more in reach than you originally thought. Here’s why.
The 20% Down Payment Myth
If you believe you have to put 20% down on a home, you may have based your goal on a common misconception. Freddie Mac explains:
“. . . nearly a third of prospective homebuyers think they need a down payment of 20% or more to buy a home. This myth remains one of the largest perceived...
Event date: October 14, 2022 Event Time: 04:00 PM – 05:00 PMLocation: 1345 SW 11th WayDeerfield Beach, FL 33441Description:The City of Deerfield Beach Teen Center welcomes the MJ Scarlett Foundation Inc. which is an Anti-Human Trafficking Organization. Did you know that Broward County ranks 1st in the tri-county for multi-victim human trafficking cases and Florida ranks 3rd in the nation for human trafficking? Their mission statement is to educate kids, teens and adults on how to identify sex perpetrators, know if they are being recruited and know how to protect themselves. This education...
Event date: October 15, 2022 Event Time: 09:00 AM – 01:00 PMLocation: 217 NE 5TH AveDeerfield Beach, FL 33441Description:Join us for the Annual Deerfield Beach Fall Festival Saturday, October 15th, at Pioneer Park. Enjoy a day of fun with the entire family! This festival includes several fun activities such as storytelling, arts & crafts, archery, hayride, picking up goodie bags from our local non-profits, picking out your perfect pumpkin from the pumpkin patch, and enjoying our live entertainment, and much more!
Event date: October 17, 2022 Event Time: 04:30 PM – 05:30 PMLocation: 1345 SW 11th WayDeerfield Beach, FL 33441Description:NAMI Ending the Silence is an engaging presentation that helps middle and high school aged youth learn about the warning signs of mental health conditions and what steps to take if you or a loved one are showing symptoms of a mental health condition.
Some Highlights
When you head out to buy a home, there are a number of key milestones you’ll encounter along the way.
The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more.
Your journey starts here. Let’s connect so you have expert guidance each step of the way.
Content previously posted on Keeping Current Matters