Posts Tagged ‘mortgage rate news’
Will Mortgage Rates Ever Go Back Down to 3% Again?
Ah, the golden days of 3% mortgage rates. It feels like just yesterday, doesn’t it? Many homeowners and prospective buyers are holding onto the hope that we might see those historic lows again. But let’s dive into the reality of the situation. Mortgage interest rates dropping to the historically low level of 3% was primarily…
Read MoreUnlocking Your Home Buying Potential in DFW: The Power of Prequalification
In the vibrant and dynamic Dallas-Fort Worth (DFW) area, the dream of homeownership shines bright for many. With its diverse neighborhoods, booming economy, and rich cultural tapestry, DFW is a place where many aspire to plant their roots. As of February 2024, the average home sales price in this bustling metropolis stands at $371,777. For…
Read MoreDemystifying Mortgages in Dallas: Your Guide to Understanding How Mortgages Work
Navigating the world of home buying in Dallas can feel like exploring a maze without a map, especially when it comes to understanding mortgages. But fear not! This blog post is your compass, designed to guide you through the intricacies of mortgages with clarity and confidence. Whether you’re a first-time homebuyer, a step-up buyer, or…
Read MoreThe Ultimate First-Time Homebuyer Guide: Step-by-Step
Hey there, future homeowner! Get ready for an insightful journey into the realm of homeownership. In this comprehensive guide, we’ll delve into each step with clarity and precision, ensuring you’re well-prepared for the exciting path ahead. 1. Understanding Your Personal Financial Situation: First things first, let’s conduct a thorough financial assessment. Take a moment to…
Read MoreDo You Charge An Origination Fee? What You Need To Know About an Origination Fee
Navigating the landscape of mortgage costs can be complex but understanding what you’re paying for—and why—can make a significant difference in your home buying experience. A common question I am asked is, “Do you have an origination fee?” Let’s break down what this fee is, what it includes, and the differences between a bank’s and…
Read MoreWhy A Mortgage Broker Is the Way to Go for Millennials
Why A Mortgage Broker Is the Way to Go for Millennials Hey there millennials! So, you’ve decided to take the exciting leap into homeownership. Congrats! But hold on a second, because before you start envisioning your dream home, let’s talk about the most important part of the process: getting a mortgage. Trust me, it’s not…
Read MoreMortgage Rate Protection Plan | Buy Now Refinance Later
Mortgage Rate Protection Plan We get it. We know today’s housing market can be unpredictable. With our new Rate Protection Plan*, you can buy with confidence that you’ll end up with the best possible rate! Purchase your new home today and if rates drop within 36 months of your closing, we’ll lower your rate with…
Read MoreWhat is a 3-2-1 Temporary mortgage rate buydown?
DON’T LET TODAY’S INTEREST RATES KEEP YOU FROM BUYING A HOME We’re expanding our Temporary Mortgage Rate Buydowns to help you receive even bigger savings of up to 3% off your initial rate. Choose from 3-2-1, 2-1, 1-1 and 1-0 buydowns, available immediately! They’re available for conventional, FHA and VA borrowers who need a lower…
Read MoreHelpful Hints for First-Time Home Buyers | Part 4
From Offer to Closing By Shawna Sanders If you’ve been following along in our series, Helpful Hints for First-Time Home Buyers, you’ve gotten your finances in order, chosen your real estate agent and lender before starting the hunt. You’ve found the house you want to make an offer on. So what happens now? Make an Offer…
Read MoreHelpful Hints for First-Time Home Buyers| Part 3
The Hunt! Finding your new home. By Shawna Sanders In the first two parts of our series, Helpful Hints for First-Time Home Buyers, we covered getting your finances in order and finding the lender and real estate agent you want to work with. Now it’s time to get to the fun part of the home buying…
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