Home Buying Basics What You Need to Know About Up to Date Mortgage Rates, Lenders and More

    Written by admin. Posted in Current mortgage rates washington, Mortgage broker seattle, Mortgage rates

    For most people, their first home is the most expensive thing they’ve bought up to that point in their life. It can be an intimidating process. Finding the most up to the date mortgage rates, picking the right neighborhood, choosing a lender; these are all hard decisions, and not everybody has somebody to guide them along that’s already gone through the process. If you’re looking to buy a house but have no clue where to get started, here are some basic facts.

    Less Than 10% of Homes Are Priced Under $100,000

    Unfortunately for most Americans, houses are incredibly expensive. Only 8% of houses sold are priced under the $100,000 mark. 38% of houses sold are priced between $100,000 and $250,000, and that’s likely the mark you’ll want to aim for, depending on your individual situation. It’s important to know what you’ll be getting into before diving into the housing market.

    Taking Out a Mortgage

    When you buy a home, you aren’t forced to put up all of th

    4 Ways Mortgage Companies Help Buyers

    Written by admin. Posted in Mortgage rates, What are the most current mortgage rates

    There are many things people want to own throughout their lives. Considering that, one of the most important purchases people make in life is buying a home. Many people understandably won’t be able to outright purchase a property. With that in mind, these potential buyers often need to obtain a mortgage. A mortgage is an exchange where one party agrees to lend the other part funds in exchange for owning a property. After paying off the debt, ownership is directly transferred to you. In this post, you’ll learn four ways a mortgage company simplifies the home buying process.

    1. Navigating the Mortgage Lending Process

      There are many factors that qualify buyers for mortgage loans. Many people find that it takes immense amounts of time to discuss mortgages. Therefore, mortgage companies employ workers that take care of these matters for you. In turn, you can spend more time preparing to sell your home or looking at new properties.
    2. Findi