We have seen a relatively large hike in mortgage interest rates since the election. Regardless, home financing remains a bargain by historical standards.
Though we have written about how to establish and maintain excellent credit in the past, it bears repeating in an upmarket. In order to secure the lowest possible rates when purchasing or refinancing your home, you must have “great credit,” Below are steps to take to reflect it.
Do not sign up for any service that offers to negotiate your credit card debts away or pay them on your behalf. This is usually a scam that ends with the closing of all of your credit lines and leaving you with no credit.
As we approach the beginning of a New Year, it’s time to review your credit report, correct any mistakes, and give your credit a boost.
The David M. Damaré Team is here to answer your questions about financing options and mortgages.
“Mortgage Lending is Our Business: Customer Service is Our Passion.”
Stay tuned and stay in touch with your mortgage professional. Thank you for the opportunity to serve you.
Raleigh Mortgage Man, NC Mortgage Man, Triangle Mortgage Man, Triangle Mortgage Expert all owned and licensed by David M. Damaré. All rights reserved.
Tags: applying for a home mortgage, credit score, home mortgage, improve your credit score