Holly & Chris Luxury Homes

mortgage

Future Trend of Mortgage Rates

If you're planning to purchase a home in the current year, you're likely keeping a keen eye on mortgage interest rates. These rates play a significant role in determining the purchasing power of your home loan, and given the current affordability challenges, it's a valuable moment to examine the historical context of mortgage rates compared to their current levels. Additionally, it's crucial to grasp how...

Debunking 5 Credit Score Myths

Debunking 5 Common Credit Score Myths That Many Home Buyers Believe

When it comes time to buy a home, a good credit score boosts your chances of getting a mortgage because it shows lenders or mortgage companies that you are likely to pay a loan on time. Thus, having a bad credit score can be a massive barrier to homeownership. This is why understanding and managing your credit score has always been important.  March is National Credit Education Month, which means now...