Why You Can Be Patient In Buying A Home

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“While 30-year mortgage rates are not quite as low as they were during the first half of 2013, the current average rate of 4.14% is still very low on a historic level. In fact, before the mortgage crisis hit, we had never seen rates this low.

Despite the attractive rates, you don’t need to be in too much of a rush to buy right now. Despite what some of the recent news headlines might have you believe, I don’t think the low rates are going anywhere anytime soon. Here are three reasons why I think you’ll be able to take your time getting ready to buy a home…”

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It Is A Smart Investment To Own Your Home

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“According to a recent Gallup poll, more Americans are beginning to view real estate as a viable long-term investment. Thirty percent of those surveyed early last month took this view, up from 25% just a year ago. Gallup credited an improving housing market as being the chief driver of the change in popular opinion on this matter…”

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What To Consider When Refinancing

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“When interest rates drop, there’s often a surge in home refinancing. A low-interest-rate environment is bad for savers, but it can be great for those interested in refinancing a home or buying one. The good news is that interest rates are still at low levels.

If you’re interested in refinancing a home, here are some tips and some things to consider…”

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Why It Is A Good Time To Purchase A Home

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“If you’re wondering whether this summer is a smart time to buy a home, then let me cut to the chase. Thanks to still-historically low mortgage rates, housing may never again be as affordable as it is right now.

At present, the interest rate on a 30-year fixed rate mortgage is 4.19%. That’s the cheapest they’ve been all year, and they even recently dipped below half the long-run average of 8.52%…”

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Avoiding Homeownership Barriers

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“Think you can’t buy a home? Think again.

In November 2013, Trulia surveyed renters who want to buy a home, asking about the obstacles that hindered their goal. The survey respondents cited several barriers to buying a home, all of which are listed below.

Let’s explore these obstacles to homeownership, and look at how you can overcome each of them…”

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How To Perfect Applying For A Mortgage


“If you are planning to buy a home anytime soon, you’ll most likely need to apply for a mortgage. Unfortunately, mortgages can be tougher to get these days than many people think.

Credit standards have relaxed a bit, but are still high on a historic basis. For example, the average FICO score for an approved conventional mortgage is 755, and the average score of those applicants who get denied is 724, which is considered to be a very good credit score…”

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