![The Power of Mortgage Pre-Approval [INFOGRAPHIC]](https://www.realestatebylaurab.com/wp-content/uploads/sites/14/2021/05/The-Power-of-Mortgage-Pre-Approval-INFOGRAPHIC-Copy-1.png)
by Laura Baliestiero | May 7, 2021 | Buyer, Buying Myths, First Time Home Buyers
Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your...
by Laura Baliestiero | May 6, 2021 | Buyer, Down Payments, First Time Home Buyers
Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no...
by Laura Baliestiero | May 5, 2021 | Buyer, First Time Home Buyers
So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money...
by Laura Baliestiero | May 3, 2021 | Buyer, First Time Home Buyers, Rent vs. Buy
Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank...
by Laura Baliestiero | Apr 19, 2021 | Buyer, First Time Home Buyers
One of the biggest hurdles homebuyers face is saving for a down payment. As you’re budgeting and planning for your home purchase, you’ll want to understand how much you’ll need to put down and how long it will take you to get there. The process may actually move...
by Laura Baliestiero | Mar 22, 2021 | Buyer, First Time Home Buyers
According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to...
