With inventory still low, the market is still rough out there for buyers. At the same time, interest rates are rising with inflation proving to be a bigger issue than anticipated. On today’s episode, we are going to discuss a CBS article that relates to some of these issues. With rising interest rates are borrowers…
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On today’s episode, we’ll explore rising interest rates and how they could impact you in your home buying journey. Interest rates have been increasing since September and are about 2% higher, roughly at 4.5% on a 30-year fixed mortgage. We certainly encourage potential buyers to reach out and understand what their payments are going to…
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What should future home buyers know? On today’s episode, we discuss the top 7 mortgage tips out there and how they apply to the home buying process. Don’t let a non-exceptional credit score prevent you from applying for a mortgage. Even with a perfect score, you may be facing higher interest rates in the near…
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On today’s episode, we are going to discuss the value of debt consolidation and how it might be a good alternative to traditional refinancing. Rates are definitely higher than they were in 2021. So naturally, refinancing is starting to slow down. But at the same time house values are skyrocketing. In some cases, this equity…
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Spring is just around the corner and many people are starting to get pre-approved for the busy season. There is a lot of questions that come up during the home buying process. So, on today’s episode, we are going to play a fun round of true or false with some mortgage and refinancing topics. “It’s…
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How do lenders analyze credit for couples? Does a Co-signer help with credit? You’ve probably heard about the difference between a soft credit hit and a hard credit hit. Whenever you get pre-approved for a home, it’s a hard credit check. But this is different than an auto loan or student loan. There’s no way…
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A lot of people have questions about credit when it comes to buying a home. On today’s episode, we’ll explore some common questions, concerns, and misconceptions about credit. How does a credit score directly impact your ability to obtain a mortgage? If it’s too low you may not qualify for a mortgage loan. Having a…
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What do you need to know about the current real estate market? It doesn’t seem that the market is cooling down just yet. We are still seeing bidding wars and multiple offers. While it may not be as intense in the market as it was a few months ago, you still need to be creative…
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What’s true and what’s a myth when it comes to home buying and mortgages? On today’s episode, Bill is going to play myth-buster as we go through 7 different statements. Is it true you need to put 20% down? Does your down payment cover closing costs? While you don’t necessarily need to put all 20%…
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Being a first-time homebuyer can be an overwhelming and confusing process. So, on today’s episode, we will go over some first-time homebuyer mistakes. Now, these are not mistakes exclusively made by first-time buyers alone, they could happen to people buying their second or third home as well. Do you know how much house you can…
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