The homebuying process is getting pricier as mortgage rates soar higher. Some tips for first-time homebuyers looking to apply for a home loan
you’re gonna have to pay more for that house because the loan is gonna cost more or you’re gonna have to downsize, um, the kind of house that you want, you can see, it’s got double sinks built in shower only, you know, 23, maybe four years away. The better credit, you’re going to get a better rate go over the, if the rates go up and we don’t like those, those loans that that buyer might not qualify for that property anymore. Date the rate, marry the house, purchase your home and you know, you’re gonna have the opportunity, whether it’s in six months or a year or year and a half to what to refinance and lower your interest rate back down.
By Press Room