As we prepare for the heat this holiday weekend, I wanted to take a moment to share some updates with you. From real estate inventory to lending market changes, and even some helpful air conditioning efficiency tips, there's plenty to cover. Rates aren’t where we anticipated… Unfortunately, the anticipated decrease in rates hasn't materialized as we had hoped. Despite the recent pause … [Read more...]
NEW: Upcoming Loan Program for First Responders
Exciting news for our valued first responders! A new loan program is currently in development, specifically tailored for police officers, firefighters, nurses, doctors, and more. This program aims to provide low or no down payment options and competitive interest rates, making homeownership more accessible to first responders. For those with less than 20% down, there will be little to no mortgage … [Read more...]
Improve Your Credit Score While You Wait Out Market Conditions
In today's financial and real estate market, many buyers are adopting a "watch and wait" approach, hoping for a more balanced landscape. This is also an excellent opportunity to improve your credit score while you hit pause. By taking simple steps now, you can enhance your creditworthiness and position yourself for a favorable home financing outcome when it's time to get pre-approved. Don't … [Read more...]
Bumpy Rates, Banking Failures & What You Must Know About Down Payments
The lending and real estate markets are constantly changing and lately a bit of a bumpy ride. As an ongoing commitment to you as a past client, I want to keep you informed and share what’s going on in these markets. Lending Rates and what’s happening? You may have noticed that interest rates have been quite volatile lately. Despite some slowdown in inflation this year, it continues to be a … [Read more...]
A Lending Pre-Approval Should be on Every Home Buyer’s To Do List
1. Why is a pre-approval for home financing important? Having a home financing pre-approval completed before a home search is a necessary step in today’s competitive housing market. A lending pre-approval, a verification process provided by a properly licensed home mortgage professional, notifies all parties of a transaction that a borrower or home buyer has taken qualifying steps with a … [Read more...]