![Key Terms to Know in the Homebuying Process [INFOGRAPHIC],Lee Williams](https://blog.chime.me/www-lamove-com/wp-content/uploads/sites/3898/2020/11/20201127-KCM-Share-549x300-2-1.png)
Key Terms to Know in the Homebuying Process [INFOGRAPHIC]
Some Highlights Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll hear along the way. The best way to ensure your homebuying process is a positive one is to find a real estate professional who will guide you through every aspect of the transaction with ‘the heart of a teacher’ by putting your needs first.
Will Mortgage Rates Remain Low Next Year?
In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See graph below): When […]
Homes for Sale Are Rapidly Disappearing
Through all the challenges of 2020, the real estate market has done very well, and purchasers are continuing to take advantage of historically low mortgage rates. Realtor Magazine just explained: “While winter may be typically a slow season in real estate, economists predict it isn’t likely to happen this year…Low inventories combined with high demand […]
![3 Helpful Tips for First-Time Homebuyers [INFOGRAPHIC]](https://blog.chime.me/lamove-com/wp-content/uploads/sites/3898/2024/03/20240322-3-Helpful-Tips-for-First-Time-Homebuyers-KCM-Share-1.png)
