If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . . with slowly improving affordability and a […]
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Pre-Approval in 2023: What You Need To Know
One of the first steps in your home buying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells you which types of loans you may be eligible to take […]
Want To Sell Your House? Price It Right.
Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains: “. . . some of the more prominent pandemic trends have changed, so sellers […]
How to Obtain a Mortgage Pre-Approval in Marco
Why Is Mortgage Pre-Approval in Marco So Important? Just about everyone has heard one of the many horror stories related to the home buying process, and many of those stories have to do with financing issues. In many cases, financing problems have caused serious delays for home buyers and have even resulted in home buyers […]
How to Obtain a Mortgage Pre-Approval in Fort Myers
The Ins and Outs of Mortgage Pre-Approval in Fort Myers Imagine that you have found your dream home in Fort Myers, FL. It is absolutely perfect for you and your family, and you have already started figuring out where your furniture will be placed and what your first large family gathering will be like. Out […]
How to Obtain a Mortgage Pre-Approval in Estero
How Does Mortgage Pre-Approval in Estero Work? Many home buyers enter into the real estate market with a very basic understanding of how the home buying process works. In general, that is why they hire realtors to advise and guide them through the process. It makes sense. You wouldn’t try to perform surgery on yourself […]
How to Obtain a Mortgage Pre-Approval in Bonita Springs
Mortgage Pre-Approval in Bonita Springs Explained As many home buyers will tell you, the Florida real estate market is extremely competitive and very fast-paced. If you are hoping to purchase the home you have always wanted, it is vital that you have every advantage you can to ensure that you do not miss out on […]
Have Home Values Hit Bottom?
Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008. One of the questions that’s […]
Think Twice Before Waiting for 3% Mortgage Rates
Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press […]
How to Obtain a Mortgage Pre-Approval in Naples
What Is Mortgage Pre-Approval in Naples? When you have decided to buy a home, it is crucial that you have every advantage possible in the real estate market. This will ensure that you do not miss out on the perfect home for you and your family. In Florida, the real estate market is fast-moving and […]