Are you ready to dive into the real estate market for the first time? Buying a new house, condo or apartment is an exciting experience that sets you on the path to building your net worth. However, if you are planning to take out a mortgage, you should be aware that there are some potential pitfalls to avoid. Let's explore a few of the key mistakes that first-time homebuyers make when they are shopping around for a mortgage. Mistake #1: Trying To Rush The Process The first mistake that you will … [Read more...]
What’s Ahead For Mortgage Rates This Week – January 22, 2018
Last week's economic news included readings on home builder confidence, housing starts and building permits issued. Weekly readings on mortgage rates and new jobless claims were also released; the week wrapped with the University of Michigan's report on consumer sentiment. Home Builder Confidence Dips, Remains in Positive Territory According to the National Association of Home Builders, builder confidence dropped two points in January to 72, but high demand for homes continued to provide … [Read more...]
3 Ways That Buying a New Construction Home Beats Buying an Existing One, Every Time
Are you in the market for a new house? Whether you are a first-time home buyer or are upgrading to get more space, you will need to choose between buying an existing home or building a brand new one. As you might imagine, there are pros and cons to each kind of home. But if it is in your budget, you may want to lean towards a newer home over an older one. Let's explore three reasons why new construction homes are better than existing homes. Customize Every Aspect To Your Tastes Ask anyone living … [Read more...]
Looking to Buy a Home in 2018 and Don’t Know Where to Start? Here’s a Few Tips
Are you a renter that has become tired of paying someone else's mortgage and not building any equity? Or a homeowner who has a growing family and is in need of more space? Whatever the case, if you are in the market for a new home there is no time like the present. Let's explore a few tips that will help you to prepare for the home buying experience. Tip #1: Prepare For A Busy Spring Season First, it should be pretty obvious that you aren't the only house hunter on the market. Other local … [Read more...]
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