Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates

With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months, that conversation isn’t going away any time soon. But as a homebuyer, what do rates above 3% really mean? Today’s Average Mortgage Rate […]

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Read More Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates

Mortgage Pre-Qualification vs. Pre-Approval: What’s the Difference

 AlexRaths/iStock; bortonia/iStock   From Realtor.com When buying a home, cash is king, but most folks don’t have hundreds of thousands of dollars lying in the bank. Of course, that’s why obtaining a mortgage is such a crucial part of the process. And securing mortgage pre-qualification and pre-approval are important steps, assuring lenders that you’ll be able to […]

Read More Mortgage Pre-Qualification vs. Pre-Approval: What’s the Difference