While it may seem sensible to postpone a home purchase until interest rates fall, this prevents you from earning equity. And besides, who wants to rent forever? Here are some ways you can secure a competitive rate now.
Finding the perfect house can be a fun, yet challenging, endeavor. With so many factors to consider while house hunting – including style, size and location, just to name a few – it can be tough to know where to start. Even if you can’t find the perfect home, you can build a new one that is just right for you.
Buying your first home is an exciting milestone, but it’s important to stay vigilant against potential scams during the closing process.
Buying a house this fall can be a smart move. Currently mortgage rates are decreasing, and the fall season often sees fewer buyers, which can mean less competition and potentially better deals. Consider closing timing as a fall purchase could allow you to close before the holidays, making for a smooth transition.
Getting a mortgage is a significant process that can be complicated if you don’t take the right steps from the beginning — and whether you’re buying your first home or just transitioning to a new one, making informed decisions early can lead to a smoother process.
A slight drop in mortgage rates in June might have been the jolt the housing market needed to make up for lost time earlier this spring. Read more about the housing inventory, investment properties replacing college dorms and choosing a fixer-upper.
There are many benefits to having a good credit score such as better rates on car insurance, lower credit card interest and having more housing options. Pulling credit for mortgage means that your lender will run your credit report and score when you apply for a loan and before you close on a loan.
Summer is right around the corner, and so is the time of year when more of us think of buying or selling a home. However, inflation is still hanging around, which means that the interest rate cuts expected this year haven’t yet happened. Since lower rates can increase a home budget, waiting for them can make a big difference, especially for first-time homebuyers who often struggle to find an affordable home.
April is Fair Housing Month. Where we live is more than just an address. Everyone thrives in a vibrant community. Fair Housing Month signifies a recommitment to advancing equitable opportunities and expanding homeownership.
Wondering how refinancing your home can save you money? Core Bank is committed to helping you find the best interest and monthly mortgage rates to fit your lifestyle. When you choose to go through mortgage refinancing, you essentially trade your old mortgage in for a new one with more favorable terms.
We’d love to see your smiling face in person, but we know that your banking needs happen 24 | 7 | 365. Feel free to bank from your couch, your office or a beach somewhere warm.