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How Inflation and Recessions Impact Mortgage Rates and Guidelines: A Succinct Overview

by Michael Sandberg | Jun 15, 2023 | Uncategorized

Inflation and recessions can have a significant impact on mortgage rates and guidelines, shaping the landscape for both homebuyers and lenders. Understanding how these macroeconomic factors can affect your borrowing and home purchasing decisions is crucial for making...

Temporary Buydowns for Mortgage: Tackling High Rates with Ease

by Michael Sandberg | Jun 15, 2023 | Uncategorized

In today’s competitive housing market, it can be challenging for homebuyers to secure a mortgage with an affordable interest rate. Fortunately, there is an option that can help borrowers obtain lower interest rates temporarily, making it more manageable to buy a...

How Contingencies Work When Buying a Home: A Comprehensive Guide

by Michael Sandberg | Jun 15, 2023 | Uncategorized

When buying a home, contingencies are an important part of the process. Contingencies are clauses in a real estate contract that allow you to back out of the deal without penalty if certain conditions are not met. These conditions can include things like financing,...

First-Time Homebuyer Checklist: Tips for Buying Your Dream Home

by Michael Sandberg | Jun 15, 2023 | Uncategorized

If you are a first-time homebuyer, you may be overwhelmed with the process of buying a house. It is a significant investment, and you want to make sure you do everything right. One way to ensure you don’t miss anything is by using a checklist. A checklist will...

Mortgage Pre-Approval: What You Need to Know

by Michael Sandberg | Jun 15, 2023 | Uncategorized

Before you start shopping for your dream home, it’s important to get preapproved for a mortgage. A mortgage preapproval is a letter from a lender indicating how much money you can borrow to buy a home. It’s an important step in the home buying process, as...
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