Home Buying Myths Slayed
  • Post By : New Home Ambassador
  • home buying myths,builder trade in program,new home ambassador,new home construction

  • The average down payment for first-time homebuyers is only 6%!
  • Despite mortgage interest rates being over 4%, rates are still below historic numbers.
  • 88% of property managers raised their rents in the last 12 months!
  • The credit score requirements for mortgage approval continue to fall.

Getting Pre-Approved Should Always Be Your First Step
  • Post By : New Home Ambassador
  • new home contruction,builder trade in program,new home ambassador

In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.

Freddie Mac: Rising Mortgage Rates DO NOT Lead to Falling Home Prices
  • Post By : New Home Ambassador
  • increasing mortgage rates,freddie mac report,builder trade in program,new home builders,rider elite team

Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year.

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