There are many misconceptions about the credit score needed to buy a house. Recently, it was reported that 24% of renters believe they need a 780-800 credit score to be considered for a mortgage. The reality is they are misinformed!
Last week we began discussing shopping for and researching home loan options. During this discussion, we learned about one of the six types of loans that are used to purchase a home, the FHA. I had planned on introducing conventional loans butread more
If you’ve started shopping for a home, you’ve also begun shopping for a home loan, at least I hope you have. With 6 options to choose from, it makes sense to do your research to not only find the loan you qualify for but also the loanread more
In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious aboutread more
Home prices are at the top of everyone’s minds. Can they maintain their current pace of appreciation? Will rising mortgage rates negatively impact home values? Will the next economic slowdown cause prices to crash?
The latest Existing Home Sales Report issued by the National Association of Realtors (NAR) revealed that home sales have decreased for four consecutive months and are at their slowest pace in over two years. This has some industry leaders puzzledread more