If you’re trying to decide whether to rent or buy a home this year, here’s a powerful insight that could give you the clarity and confidence you need to make
When applying for a home loan, avoid depositing large sums of cash, making large purchases, cosigning loans, switching bank accounts, and applying for new credit. Also, do not close any accounts. It's crucial to communicate changes with your lender to ensure a smooth loan approval process and seek their advice before making financial decisions.
If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year
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If you're considering homebuying in 2024, prioritize improving your credit score, planning for the down payment, getting pre-approved, and defining your priorities. Partner with a trusted real estate agent for expert guidance in achieving your goals.
As the new year approaches, considering buying a home? Start by building a solid credit score. CNBC explains a higher score can save thousands on mortgage interest. While 770 is the median for mortgages, aim for the "Good" (670-739) or "Very Good" (740-799) range. Work with a lender to understand your specific situation and improve your chances.
Owning a home brings both financial and emotional benefits. It's a major achievement, providing a designated happy place, space for evolving needs, and the freedom to customize. These emotional benefits can turn a house into a happy home, making it a worthwhile investment regardless of the current housing market.
