One Homebuying Step You Don’t Want To Skip: Pre-Approval There’s one essential step in the homebuying process you may not know a whole lot about and that’s pre-approval. Here’s a rundown of what it is and why it’s so important right now. What Is Pre-Approval? Pre-approval is like getting a green light ...
Continue ReadingMortgage Interest Rates Update 📈🏠 As the new year began, mortgage interest rates remained almost unchanged. Following a gradual decline over 9 weeks, rates experienced a slight uptick from 6.61% to 6.62%. This minimal weekly change translates to just a $2 increase in the typical monthly payment for a $400,000 ...
Continue ReadingWeekly Update on Mortgage Applications and Mortgage Rates This week’s update comes to us from national housing correspondent Diana Olick of CNBC If you need a mortgage, please consider my trusted partners About Realtor Michael Mahoney Michael Mahoney | Realtor® | 617-615-9435 | mike@mmahoney.com I am Michael ...
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