Tag Archives: FHA loan

First-Time Homebuyer? How to Make It Work

First-Time Homebuyer? How to Make It Work Pam Fraser Picture of a home with a rising sun behind it

It’s not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low. Additionally, mortgage rates have risen significantly since 2021, while inventory remains tight for many property categories, but especially for starter homes. Even lower-priced condos are harder to snag these days, as investors and downsizers muscle out first-timers by offering stronger, often cash-heavy bids.

Continue reading First-Time Homebuyer? How to Make It Work

8 Strategies to Secure a Lower Mortgage Rate

8 Strategies to Secure a Lower Mortgage Rate Pam Fraser modern home with a pool

Mortgage rates have been on a roller coaster ride this year. The Fed is saying they are open to more rate hikes to fight inflation. With proper planning, you can work toward qualifying for a lower mortgage rate and, hopefully, the best mortgage rate available today.

Continue reading 8 Strategies to Secure a Lower Mortgage Rate