Will Interest Rates come down!

I get this question quite often from people who are dipping their toe into the home buying pool. I always start with this comment: My crystal ball broke last week so I am going to need to give you my best guess. Part one: Will interest rates come down (or go up for that matter)? I THINK the answer is yes, but only a bit. If they can go under 6% it will cause a boom in my area. The THINK part of this comes from the potential for inflation. Many countries have tried to play hardball on tariffs, but (because we are the buyer) it is a losing game for countries like Japan, China, … Continue reading...

Will we see 3% interest rates again.

A lot of buyers are pressing pause on their plans these days, holding out hope that mortgage rates will come down – maybe even back to the historic-low 3% from a few years ago. But here’s the thing: those rates were never meant to last. They were a short-term response to a very specific moment in time. And as the market finds its footing again, it’s time to reset expectations. Back in 2020 and 2021, 3% mortgage rates gave buyers a serious boost: more affordability, more buying power, and more opportunity. But those rates were a result of emergency economic policies during the height of a … Continue reading...

Buyers, lets talk!

Your credit score plays a big role in your homebuying journey, so it’s important to be prepared!  It also plays a factor in other financial issues. Big Brother is always watching. 📝 Having a few key documents ready can make the mortgage process smoother and faster. I’m here to help you feel confident and informed every step of the way. Thinking about buying soon? Let’s chat and make a plan! … Continue reading...

What buyers need to know about credit scores.

When you’re considering buying a home, your credit score is one of the most important factors in the process. Think of it as your financial report card—a snapshot of how well you manage debt—that lenders use to assess your eligibility and offer the best possible loan options. As The Mortgage Reports explains:  “Good credit scores show lenders that you have a history of responsibly managing your debts. The higher your score, the better your chances of qualifying for a mortgage.”  However, many buyers misunderstand the credit requirements for purchasing a home. A study by Fannie Mae found … Continue reading...

Are you Saving for a Home , your tax refund is a good start.

Are You Saving Up To Buy a Home? Your Tax Refund Can Help You’ve been working on your savings and dreaming of that moment when you finally have keys to a place that’s truly yours. What you might not realize is that your tax return could give you a little extra cash to help you get there sooner. As Freddie Mac notes: “ . . . your tax refund from the IRS can be a useful supplement to your homebuying budget.”  So, if you’re getting a tax refund this year, you can use it to help you pay for some of the upfront costs that come with buying a home, like the down payment and closing costs. … Continue reading...

What’s Ahead for Mortgage Rates This Week – March 31st, 2025

With the introduction of tariffs on Tuesday, there is significant uncertainty across all sectors regarding the potential outcome. While important data releases—including the PCE Index, Personal Income & Spending, and Consumer Sentiment for the quarter—have taken place, their impact is expected to be largely overshadowed by apprehension surrounding the widespread tariff decisions. With the upcoming release of inflation reports, including the CPI and PPI this week, all eyes will be on these two key metrics. The focus remains on tariffs and their impact on the markets, as well as inflation, … Continue reading...

Question you should ask your lender!

5 Must-Ask Questions for Your Lender Before Buying a Home Buying a home is one of the most exciting milestones in life—but let’s be real, the financing side of things can feel overwhelming. That’s why asking the right questions upfront is key to making the process as smooth (and stress-free!) as possible. Before you dive into house hunting, grab this quick cheat sheet and make sure your lender answers these five essential questions: 1️⃣ What’s the Best Loan Type for Me? Every buyer’s situation is unique, and there are several loan options available—FHA, VA, conventional, jumbo, and more. … Continue reading...

Now is the time to make that MOVE!

Did you know about the Stackable Grants for First Time Homebuyers up to $25,000.  All loans are subject to credit approval and other eligibility requirements apply.  Tracey Christopher is a great Mortgage Broker with BOK Financial Mortgage company.  She can be reach at Tchristopher@bokf.com or her phone is 303-524-3112.  Both Tracey and myself would be happy to go to work for you and get you in to the first time home.   Call either of us today!   … Continue reading...

Buyer Question: pre-approved for a mortgage or pay cash?

Understanding a buyer’s financing situation as early as possible is essential for ensuring a smooth and successful home-buying process. By identifying how a buyer plans to finance their purchase—whether through a mortgage or a cash payment—you can proactively address any potential challenges or contingencies that may arise. This allows you to prepare for additional documentation, lender requirements, or any financial roadblocks that could delay or complicate the transaction. For example, if a buyer is relying on mortgage financing but has not yet been pre-approved, they may face delays in … Continue reading...

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