Looking to Close Faster? Follow This Easy Guide to Speeding Up the Mortgage Process

Real Estate Tips
If you're buying a home, you'll want to try to get your mortgage processed as quickly as possible. Improperly filed mortgage applications are one of the biggest reasons why home sales get delayed, and if you have a hard move-out date already set, it's critical that your mortgage process goes smoothly. With careful planning, though, you can shorten the mortgage process and get your financing approved faster. Here's what you need to do to speed up the approval. Get Your Paperwork in Order Before You Apply One of the biggest reasons why mortgages get delayed is because the applicant is…
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How to Become a Homeowner: First Time Home Buyer Guide

Real Estate Tips
Becoming a homeowner for the first time is exciting. However, for many potential buyers, the process can also be confusing. Below is an overview of the steps you need to complete in order to buy your first home.  Work Out The Finances The first step in buying a home is deciding on a price range. This price range will be determined by your income, as well as your own comfort level with home prices and monthly payments. Consider all of these factors to determine the maximum amount you are willing to spend on your new home.  In most cases, you…
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What’s Ahead For Mortgage Rates This Week – January 19, 2021

Financial Reports
Last week’s economic reports included readings on inflation, retail sales, and a speech by Federal Reserve Chair Jerome Powell. Weekly readings on mortgage rates and jobless claims were also released.  Inflation Rises as Retail Sales Fall, Fed  Says Current Monetary Policy Won’t Change The Consumer Price Index rose to 0.40 percent in December as compared to November’s reading of 0.20 percent. The CPI measures inflation and the Core CPI measures inflation without the volatile sectors of food and fuel. December’s Core CPI reading fell to a rate of 0.10 percent growth from November’s reading of 0.20 percent. Retail sales were…
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