Monday, November 28, 2022

Bank Denied a Buyer’s Mortgage. Now What?

Bank Denied a Buyer’s Mortgage. Now What?: There are always options, and while some detail – like submitting forgotten docs – may quickly solve the problem, other fixes take a bit more time.

Monday, November 21, 2022

Weekly Drop in Rates Saves Buyers $100 per Month

Weekly Drop in Rates Saves Buyers $100 per Month: In real-world terms, this week’s mortgage rate drop (from 7.0% to 6.61%) saves typical buyers $1,200 per year – or gives them $12K more in purchasing power.

Wednesday, November 9, 2022

Buyers Waited for Falling Prices? Big Mistake

Buyers Waited for Falling Prices? Big Mistake: Some buyers waited for bargain homes that appeared after the Great Recession – but to counter higher mortgage rates, year-to-year prices have to drop 45%.