Advice for Homebuyers Concerned About High Mortgage Rates
The current U.S. weekly average for mortgage rates on a 30-year loan as of 3/14/2024 is 6.74%. Like most homebuyers, you probably find these high mortgage rates discouraging. ... More
The current U.S. weekly average for mortgage rates on a 30-year loan as of 3/14/2024 is 6.74%. Like most homebuyers, you probably find these high mortgage rates discouraging. ... More
Historically, the housing market typically slows to a crawl during the winter months — and this year’s winter season was especially slow. However, the spring home buying season is officially underway, and many are excited that this may mark a major rebound for the real estate industry ... More
You may have heard that mortgage rates are dropping and thought, “This is the perfect time to start shopping for a home.” The question is, should you jump into action now or wait until spring is in full swing before resuming your search for a new house? More
If you thought buying your first home felt like a whirlwind, wait until you decide to purchase your second home. You may find yourself longing for the simpler process of ... More
How Your Personal Finance Habits Impact Your Homebuying It can be difficult to purchase or refinance a home with a bad credit score. This leads people to ask: is there anything I ... More
How Does Someone Buy a Second Home? For a lot of people, owning a second home means owning a vacation home. Unless you've won the lottery, you’ll likely need a second mortgage to purchase one, and that can be expensive. Cost is why a vacation home remains ... More
Do Second-Time Homebuyers Need a Down Payment? The quick answer is yes, it is almost certain that you will need a down payment. How much do you have to put down on a second home? That answer will depend ... More
Considering buying a home? Summit Mortgage Corporation has news you can use. We’ve improved the home loan mortgage process to make it easier, faster, and more convenient. The key to your next home is the Ascent app, a do-all app for iOS ... More