rising housing prices

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Effects of Inflation on Housing Prices

rising housing prices

In most economies, inflation is a common phenomenon and is often considered an early sign of the end of an economic cycle. A sudden spike in inflation can impact everything from the price of a gallon of gas to a jumbo pack of toilet paper. However, if you’re in the home buying market, the impact…Read More

Pre-qualified vs. Pre-approved: What’s the Difference?

buying a new home

Before jumping headfirst into the frenzy of the homebuying process, any prospective homebuyer has a general idea of where they want to live, the style of home they want, and how much house they can afford. And when you start to shop around for mortgage options, you’ll begin to hear the terms pre-approval and pre-qualification. …Read More

Importance of Pre-Approval When Buying a Home

morgage application form

Are you getting ready to buy your first home? Or are you looking to downsize? In either case, the first step you should take in the home buying process is to get pre-approved for a mortgage.  According to a survey from realtor.com, 48 percent of potential homebuyers are making the mistake of skipping the pre-approval…Read More