Are you a single individual ready to take the plunge into homeownership? Congratulations! While the journey might seem overwhelming, especially when it comes to securing a mortgage, there is no need to worry. With the right strategies and tips, you can navigate the process with confidence and success.
How Do Mortgage Points Cut Your Interest Costs?
Those who are involved in the real estate industry likely know that mortgage rates are at an all-time low. At the same time, nobody wants to pay more for a house than they have to. Some of the most important factors that dictate how much someone is going to pay for a house include points and interest rates.
What’s Ahead For Mortgage Rates This Week – May 13th, 2024
An extremely light week following the FOMC, with the only note-worthy reporting being the Consumer Sentiment reports from the University of Michigan, which gives a long term outlook of the consumer on the economy. The report has come in well under expectations, much more so than any previous release in the last 6 months. This is largely due to the increase in the cost of living for every sector.
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