homebuyer closing costs: 5 Tips to Secure the Best Mortgage Rate in any Market
- 11/04/24 10:31 AM
Since September, mortgage rates have been on a rollercoaster. They first dipped into the low 5% range only to climb past 7% by the end of October. Yikes. If you're feeling overwhelmed, you're not alone. These rate fluctuations can make home buying feel like a guessing game. Fortunately, you don't have to wait for the "perfect" rate to make your homeownerhip goals happen. The truth is, buyers can find opportunities no matter where rates land. By understanding what drives mortgage rate fluctuations, you'll not only feel more in control but also be better prepared to lock in the best possible rate for you. … (1 comments)
Nearly 91% of buyers in the Zillow Consumer Housing Trends Report 2024 said they encountered at least one unexpected cost during the closing process.
Let’s break down these fees and help you avoid the same pitfalls so your closing day goes as smoothly as possible. 1. The Loan Origination Fee For 66% of homebuyers, the loan origination fee was the most unexpected cost. This fee covers the lender’s administrative costs for processing your loan, and it can range from 0.5% … (3 comments)
Since September, mortgage rates have been on a rollercoaster. They first dipped into the low 5% range only to climb past 7% by the end of October. Yikes. 
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