Making the Deal: Navigating the Offer Process when Selling a Home
It's time to determine whether to accept an offer that has been made on your house or to contest it. This choice necessitates careful consideration of several variables and a thorough comprehension of the next phases in the property-selling procedure. Here are some...
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What Is Freddie Mac (FHLMC), and How Does It Affect Your Mortgage?
What Exactly Is Freddie Mac? Freddie Mac, also known as the Federal Home Loan Mortgage Corporation (FHLMC), is one of two key secondary mortgage...
What Is Fannie Mae (FNMA), and How Does It Affect Your Mortgage?
What Is Fannie Mae? The Federal National Mortgage Association, or Fannie Mae, controls the secondary mortgage market. But what does that mean?...
How Mortgage Interest Rates React to Federal Reserve Meetings
Will the Federal Reserve Reduce Interest Rates? The Federal Reserve does not control mortgage rates. However, it has had a massive influence on them...
Low-Interest Rates Increase Purchasing Power. How Much Can You Afford Every Month With $1,500?
The Impact of Lower Interest Rates on Your Purchasing Power The Amount of Your Mortgage Loan Is Only the Beginning When looking for a mortgage,...
Can a Mortgage Be Released if Interest Rates Fall? Two Strategies
What Happens if Interest Rates Decrease After Locking in a Mortgage Rate? If you lock in a mortgage rate, and then interest rates climb, you get to...
Four Tactics to Negotiate Lower Mortgage Rates
Can Mortgage Rates Be Negotiated? Yes, mortgage rates can and should be negotiated while obtaining a house loan. Research indicates that getting...