The House Isn’t the Deal — The Terms Are

What makes a good mortgage deal? It’s not always the lowest price or the lowest interest rate. Here’s what homebuyers should look at before deciding. You found a house you like. The price looks good. The neighborhood works. Maybe the builder is offering an attractive incentive or the seller is willing to contribute toward your […]

Seller Concessions Explained: How Seller Credits Can Help With Closing Costs

When you’re buying a home, it’s easy to focus almost entirely on the down payment. But the down payment isn’t the only cash you’ll need at closing. Closing costs and prepaid expenses can add thousands of dollars to the amount a buyer needs to bring to the closing table. One tool that may help is […]

Mortgage Rates Are Near 7% — So Why Do Buyers Have More Leverage?

If you’re thinking about buying a home right now, you may feel like the odds are stacked against you. Mortgage rates are still hovering around 6.7%, keeping monthly payments considerably higher than they were several years ago. And with rates still elevated, many potential buyers are wondering whether they should simply wait for mortgage rates […]

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