Blog – Page 340 of 610

04 May 2021

Don’t Miss Out On How To Handle Common Home Buying Pitfalls

Home Buyer TipsAppraisals, Home Buying Pitfalls, Real Estate

The process of buying a home can be riddled with obstacles. However, you can avoid many of the most common home buying pitfalls with some advanced preparation. Below are some of the most frequent problems home buyers face, as well as tips for avoiding them. You Can't Qualify For A Mortgage Nothing is more frustrating than learning that, even though you make enough money to afford your dream home, you cannot qualify for the mortgage you need. This may happen because your credit score is low or because you cannot verify your income in a way that satisfies your lender. To…

What’s Ahead For Mortgage Rates This Week – May 3, 2021

Financial ReportsFederal Reserve, Financial Report, Jobless Claims

Last week’s economic reporting included readings from Case-Shiller Home Price Indices, data on pending home sales, and a statement from the Fed’s Federal Open Market Committee. The University of Michigan released its Consumer Sentiment Index and weekly reports on mortgage rates and jobless claims were also published. Case-Shiller: February Home Prices Rose at Fastest Pace Since 2006 National home prices rose at a seasonally adjusted annual pace of 12.00 percent, which was the fastest pace of year-over-year home price growth in 15 years. Case-Shiller’s 20-City Home Price Index reported 11.90 percent home price growth year-over-year and 1.20 percent growth month-to-month.…

Boosting Your Credit Score To Qualify For Better Rates

Real EstateCredit Report, Credit Score, Real Estate

The better your credit score, the better the mortgage interest rate for which you should qualify. That can mean thousands of dollars saved over the life of the mortgage. If your credit score needs improving, get started prior to your search for a new home. Pay Bills On Time The simplest way to boost your credit score is by ensuring your bills are always paid on time. Nothing harms a credit score more than late payments. Check for Credit Report Errors Check your credit reports for any errors. These issues are not uncommon, and can really impact your score. Each…