The Power of Mortgage Pre-Approval [INFOGRAPHIC]

Lifestyle
The Power of Mortgage Pre-Approval [INFOGRAPHIC] | Keeping Current Matters

Some Highlights 

  • Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow.
  • Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and a competitive edge in a bidding war.
  • In today’s market, connecting with a lender to get pre-approved may be the game-changer that helps you secure your dream home.

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Navigating This Wild Seller’s Market: 10 Must-Read Homebuying Tips for First-Time Homebuyers

Lifestyle

In a seller’s market, time is of the essence, and you want to enter it prepared. Whether you’re a first-time homebuyer or not, these 10 home buying tips will help you navigate this wild seller’s market.

The post Navigating This Wild Seller’s Market: 10 Must-Read Homebuying Tips for First-Time Homebuyers appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Luxury markets are attracting buyers in 2021

Lifestyle

As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares: “In a snapshot of 2020, despite the devastating effects of the coronavirus pandemic, the luxury…

Equity can affect you in many ways financially

Lifestyle

There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated that equity increased for the average homeowner by $17,000 in the last year alone. ATTOM…

Mortgage rates jump to 3% what that means for you.

Lifestyle

Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the negative impact it may have on the housing market. However, we should realize two things: The bump-up in rate should not…

2021 Housing Forecast

Lifestyle

Experts project an optimistic year for the 2021 housing market. With mortgage rates forecasted to remain low, high buyer demand is expected to fuel more home sales and continue to increase home prices. Let’s connect today to determine how to make your best move in the new year.