Archive for January, 2017

Three definitive reasons why you need to buy a home in 2017!

Thursday, January 26th, 2017

1. Rates are rising In 1981, when mortgage rates hit 18% and seemed to rise every day, single-digit rates seemed like an impossible dream. Last August, however, rates on 30-year mortgages bottomed out at 3.55%. Now that the Federal Reserve finally decided to raise its key interest rate, mortgage rates have been climbing slowly. Today, the […]

With rates trending upward, here’s how to win!

Thursday, January 19th, 2017

How to get the best mortgage rate Here are some ways that you can improve the rate you are quoted: Shop around. Mortgage rates often vary from lender to lender, just like gas prices vary from station to station. Borrowers should put as much effort into finding the best mortgage for themselves as they do […]

Accepted an offer then got a better one? Here’s what to do!

Thursday, January 5th, 2017

Review your contract When a seller accepts an offer, that doesn’t mean the deal is truly done. For one, did you sign a contract? Until you’ve got your John Hancock on that document, a home is still technically available, says Julia Towle of Avant Realty Group in Massachusetts. This contract—often called a home purchase agreement—defines the responsibilities of each party, deadlines, and specific contingencies. Once […]