What to know about home appraisal contingency

What to know about home appraisal contingency

As you may know, buying a home is both a competitive and complex process. In all that paperwork you will sign, you will often find a series of contingencies. A contingency ensures that a certain condition, or set of conditions, is met in order to move forward in the...
3 ways to prepare for homeownership

3 ways to prepare for homeownership

If you’re thinking about buying a home, it’s an exciting time. As conditions improve, now might be the time to go all in on homeownership. With relatively low interest rates and a slight uptick to the number of available homes, there seems like no better time to buy....
Interest rates could rise as nation turns corner

Interest rates could rise as nation turns corner

Borrowers enjoyed ultra-low interest rates before rates began to slowly creep upward at the beginning of the year. Freddie Mac is forecasting further increases as the year progresses, providing a short window for borrowers to purchase or refinance their loan at a...
May real estate purchases highest since 2020

May real estate purchases highest since 2020

In the world of mortgage originations, those in the category of purchases reached the highest level since the early part of 2020. According to an ICE Mortgage Technology, home purchases held onto 47% share of mortgage originations. Here’s how other categories fared:...