Tips for buying a home when rates are over 5%. Tips When Rates are High - While mortgage interest rates are higher than they were a few years ago, they are still historically low. Between 1971 and 2020, average rates on a 30-yr mortgage were close to 8%. Higher rates are generally associated with ... » Learn More about Tips When Rates are High
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What to do When You have Just Under 20% Down Payment for Your Mortgage
Buyers try to put 20% down on their mortgage so they can avoid PMI - Private Mortgage Insurance. Sometimes it is hard to do because as interest rates start to rise, buyers are eager to buy now rather than wait to save more money. Rents are increasing so that slows down amount some buyers can save ... » Learn More about What to do When You have Just Under 20% Down Payment for Your Mortgage
Tip 5 Closing Costs in Multiple Bid Situations Raleigh NC
Jim: Here we are with Tip 5. Tip 5 Seller Concessions -- Transcripts Amy Shair of RE/MAX United Cary Apex NC and Jim Enright of Corporate Investors. share important information on closing costs in a multiple bid situation. Amy Shair 20+ Years award-winning Re/Max Agent successfully serving clients ... » Learn More about Tip 5 Closing Costs in Multiple Bid Situations Raleigh NC
Tip 3 Buyers Pay Over 97% Asking Price Apex Cary Raleigh NC
Jim: Here we go with Tip 3. Amy, what is that? Tip 3 Buyers Pay Over 97% Asking Price Apex Cary Raleigh NC Amy Shair of RE/MAX United Cary Apex NC, and Jim Enright of Corporate Investors Mortgage Group, Inc. share Tip #3 for buyers moving to the North Carolina area. Buyers Pay Over 97% Asking ... » Learn More about Tip 3 Buyers Pay Over 97% Asking Price Apex Cary Raleigh NC