5 Things Your Mortgage Lender Wants You To Know
Posted by Ryan Campbell on
Unique economic and health uncertainty have changed our daily lives, our interactions, and the way we conduct business. For some of us, it has offered new perspective into our wants and needs. A home where once content, we’ve now discovered it’s time to make a change.
With record-low interest rates and low inventory, our local real estate market has become a competitive race for buyers to find their next home. Now more than ever, it's critical to be pre-approved before starting your search if you want to stay ahead of the pack. Read on buyers, there are some post-COVID new norms when it comes to home financing you’ll need to keep up with.
We talked to a couple of local lenders and here are 5 important things you need to know about new lending…
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As we rounded the halfway point of 2020, we reflected back on the 6 months behind us. We’ve moved from a pandemic lockdown to a gradual reopening. The novel coronavirus (COVID-19) has reshaped how we live our lives. Unique health, social, and economic factors have intersected to create an equally unique housing environment. Even during these inclement times, our local real estate market remains strong. As we emerge from these unprecedented times, we take stock of the present and make plans to move forward.
The housing inventory continues to ride lean and low in Macon County. For home buyers, that means increased competition, and in some cases, even bidding wars.