Before the exciting process of house hunting can get underway, prospective homebuyers must be pre-approved for a mortgage. Pre-approval provides a clear picture of what a borrower can afford and acts as a starting point to begin narrowing down affordable home buying options. While pre-approval does not guarantee a loan, it does provide a conditional agreement that …
Mortgage loan pre-approval: What it is & how it helps you Read More »
If you’re an active service member, veteran or surviving spouse, VA loans can offer many home financing advantages that can help you get a foothold in the housing market. Zero requirements for down payments and comparatively lower credit thresholds make these mortgages a popular option for those who qualify. However, not everyone who served is …
After sitting at a record low for months, existing home inventory will likely get a boost thanks to many homeowners’ newfound comfort with selling. Seller attitudes are aligned with the general public, as 61% of Americans recently said it was a good time to sell a home. The shift in attitude may have been driven by the …
More Existing Homes May Hit the Market as Owners Prepare to Sell Read More »
If you own a home, you’ve probably heard or seen a lot of buzz around refinancing in recent months, and you’re not alone. Many homeowners are anxious to take advantage of market trends like low interest rates and high property values—two key factors in optimizing any loan—but what does the refinancing process look like and …
The pandemic is revving up the higher end of the market and nudging more sales over the $500,000 mark from California to the New York City suburbs. In a historic turnabout that’s one of the biggest, most underreported stories of the COVID economy, higher priced homes—which almost always lag in a surging market—are racing neck-and-neck …
A surprising twist in the COVID housing market: The high-end is sizzling Read More »