Tag Archives: Mortgage

How Changing Mortgage Rates Can Affect You

A great article from our friends at KCM on how these changing interest rates may affect you during the home buying process. The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactlyContinue reading “How Changing Mortgage Rates Can Affect You”

Can You Buy a House with No Money Down?

Great question and a great article from our friends at Cross Country Mortgage! There are several loan programs from many different lenders out there that assist buyers who may not have enough money for a down payment to purchase a home. Please reach out to Chris Simpson 231-215-7229 if you have any questions about oneContinue reading “Can You Buy a House with No Money Down?”

The Do’s and Dont’s After Mortgage Pre-Approval!

DO continue to pay all your accounts on time. This includes car/personal loans, credit cards, your current mortgage or rent. Lenders are required to do a “soft-pull” prior to closing on your dream home, to verify payments are current! DO keep your credit card balances low, to not change your credit profile too much! DO keep working atContinue reading “The Do’s and Dont’s After Mortgage Pre-Approval!”

Back Up Offers

Check out this great infographic from our friends at list reports. Understanding mortgage terms and phrases can drive anyone a bit cookoo. This particular term is most often used when the buyer is also trying to sell a home and has accepted an offer but has not yet closed on it. Let me know whatContinue reading “Back Up Offers”

Pros & Cons Of Buying A Home In Today’s Market

This market is not as bad as some folks make it out to be. The pros of buying a home in today’s market definitely out weighs the cons. If you are ready to buy or sell, or just have a few questions give me a call! Chris Simpson 231-215-7229 Chris SimpsonNexes Realty Inc.880 W. BroadwayContinue reading “Pros & Cons Of Buying A Home In Today’s Market”

How Global Uncertainty Is Impacting Mortgage Rates

Another short article from our friends at keeping current matters. It’s crazy to think a few short years ago I was seeing clients with interest rates at 2.75% and 2.8% on 30 year mortgages! I also think it funny that we now think a 4% interest rate is high…LOL! I’m sure some you older folksContinue reading “How Global Uncertainty Is Impacting Mortgage Rates”

Another Pair of Happy Home Owners

Closing Day!!! It was a great day for Travis and Savanna who closed on their new home today. These two were a pleasure to work with. When we first met they had a pre approval that was tough to work with in this market. I hooked them up with Dan Vaughan from Revolution Mortgage andContinue reading “Another Pair of Happy Home Owners”

The 10 Year Challenge

Great Infographic from our friends at NAR! What’s it going to look like in another 5 years? I would be happy to speak with you about any real estate questions or concerns you may have. Chris Simpson 231-215-7229 Chris SimpsonNexes Realty Inc.880 W. Broadway AveMuskegon, MI 49441

Key Things To Avoid After Applying for a Mortgage

Some great information from our friends at KCM. Feel free to reach out to me if you have any mortgage or Real Estate questions! Once you’ve found your dream home and applied for a mortgage, there are some key things to keep in mind before you close. It’s exciting to start thinking about moving inContinue reading “Key Things To Avoid After Applying for a Mortgage”

First-Timers Reevaluate, Devise Plan to Compete in 2022

As 2021 is quickly coming to an end it’s time to start preparing for 2022. Since I don’t own a crystal ball it’s hard to say what the real estate market may do in the coming year, but I can make a pretty safe bet. Most predictions are that the market will remain steady inContinue reading “First-Timers Reevaluate, Devise Plan to Compete in 2022”