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Housing Market Check-In: What Lies Ahead in 2022

Mortgage rates rose, the number of home sales fell, and prices continued to climb in the first quarter of the year, but economists foresee the hot and frenzied housing market finally cooling for the remainder of 2022. From inflation and supply-and-demand to war in the Ukraine, experts say the numerous economic factors at play will

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Perks of Using a D2C Lender

When you’re shopping for a home, the first step is to shop for the right lender. The mortgage industry has evolved considerably in recent years, with new products and services that make the process easier, faster, and more affordable. The bottom line: you no longer need to lumber through an in-person, time-consuming paper trail to

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Breaking Down Interest Rates

Mortgage rates keep fluctuating and if you’re looking to buy or sell a home, or refinance, understanding interest rates has never been more relevant (FYI: Mortgage rates for 30-year fixed loans rose above 5% in April for the first time in 10 years). How do rates impact the average consumer? Let’s break it down. What’s

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Locking Loan Rates

Your mortgage interest rate plays an important role in the cost of your home loan and helps determine your monthly mortgage payment. In a housing market with fluctuating rates, it may make sense to lock your loan rate. A mortgage rate lock means your home loan has a set interest rate that won’t fluctuate within

Category: Mortgages Refinance
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Refinancing Your Home: Leverage Your Equity and Take Advantage of Other Potential Perks

With home values the highest they’ve been in 45 years, you could take advantage of the equity in your home rather than selling and buying something new. Perks of Refinancing In today’s competitive and dynamic housing market, the path of least resistance could be a refinance. Refinancing gives you options. You may be able to

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Credit Scores and Home Buying

When you apply for a mortgage, your lender will review your credit history to determine whether you qualify to buy a home. This process also includes pulling your credit scores from the three major credit reporting bureaus: Equifax, Experian, and TransUnion. The majority of lenders use FICO scores to make decisions, so that’s the basis