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Buyer Colonial Beach VA Home Buying: Understanding the Importance of Your Credit Score When it comes to purchasing a home in Colonial Beach, VA, understanding the significance of your credit score is essential. Lenders carefully review your credit history to assess your ability to meet financial obligations and determine your mortgage rate. This post explores why your credit score matters, the desired score range, and provides expert advice […]
Buyer Why Buyers are Still Active in the Face of Higher Mortgage Rates If you own a home and thinking about making a move, you may have the question is it still a good time to sell your house. The good news is even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively […]
Buyer From Renting to Owning: How Homeownership Can Help You Build Wealth Are you dealing with the thought of should you keep renting or buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing up pretty steadily since 1988. And, […]
Buyer The Three Factors Affecting Home Affordability Today There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, home prices, […]
Buyer Why Today’s Foreclosure Numbers Are Nothing Like 2008 Why Today’s Foreclosure Numbers Are Nothing Like 2008 You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know the truth about what’s happening […]
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