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What is a 2-1 Buydown Loan and How Does It Help Homebuyers?

Today’s mortgage rates are hovering right around the historic median of 7.5%. But after a decade of exceedingly low rates, the recent increases are causing some homebuyers to find creative ways to secure a lower rate. Some buyers are paying mortgage points upfront to reduce their mortgage rates. Others are opting for an adjustable-rate mortgage (ARM) rather than fixing their

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Tips for Helping Your Clients Save on Closing Costs in a Home Sale

As a real estate professional, your clients turn to you to help them navigate an often emotional and complicated process. They trust your guidance and insight as they make what is often their most significant investment. Investing in a home can be scary for many, especially first-time buyers. It’s easy to be overwhelmed by how

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Key Home Loan Regulation Changes to Watch in 2024

Have you noticed the recent shifts in home loan regulations? The interest rate hikes of 2022/2023 have had a ripple effect throughout the housing market, changing buyer demand and altering some of the regulations around mortgage lending. Whether you’re a real estate agent or a mortgage broker, your knowledge of changing home loan regulations confirms your status

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