Why Your Home Inspection Matters [INFOGRAPHIC]

Written by Hollywood FL Mortgage Syndicated User on January 30, 2022. Posted in First Time Home Buyers, For Buyers, Hollywood FL Mortgage, Hollywood FL Mortgage Rates, Infographics, Move-Up Buyers.

Some Highlights Buying a home and wondering if your inspection is necessary? While some buyers may decide to waive their inspection, it’s risky decision. Your home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase, so you can avoid costly surprises down the road. Let’s connect so you have expert advice and a trusted professional who will keep your interests top of mind. Content previously posted on Keeping Current Matters

With Mortgage Rates Climbing, Now’s the Time To Act

Written by Hollywood FL Mortgage Syndicated User on January 30, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Hollywood FL Mortgage, Hollywood FL Mortgage Rates, Housing Market Updates, Interest Rates, Move-Up Buyers.

Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That’s the highest point it’s been in almost two years. If you’re thinking about buying a home, this news may have come as a bit of a shock. But the truth is, it wasn’t entirely unexpected. Experts have been calling for rates to rise in their 2022 projections, and the forecast is now becoming a reality. Here’s a look at the projections from Freddie Mac for this year: Q1 2022: 3.4% Q2 2022: 3.5% Q3 2022: 3.6% Q4 2022: 3.7% As the numbers show, this jump in rates is in line with the expectations...

Why Pre-Approval Is Key for Homebuyers in 2022

Written by Hollywood FL Mortgage Syndicated User on January 30, 2022. Posted in First Time Home Buyers, For Buyers, Hollywood FL Mortgage, Hollywood FL Mortgage Rates, Move-Up Buyers.

You may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a pre-approval letter prior to making an offer. Here’s why. Being intentional and competitive are musts when buying a home this year. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Just as important, being able to present a pre-approval letter...

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