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3 Months 3 Trends In Aitkin And Beyond
Excerpt taken from the original article3 Months, 3 Housing Trends: Rates Rise, Prices Slow, Millennials Buywhich appeared on NerdWallet.
3 Months, 3 Housing Trends in Aitkin and Beyond
First-time home buyers might have a couple of things to cheer about in the final three months of 2018, even as mortgage rates are expected to continue their slow rise. Here in Aitkin, and beyond there are three housing and mortgage trends to keep an eye on from October through the end of the year:
Don’t panic - wait for the right home.
Lock the rate.
Pay discount points to reduce the rate.
Slowdown in home prices
Revise price range.
Misconceptions about mortgages less than 20% down IS possible:
VA loans, USDA loans, FHA loans, some conventional mortgage programs allow down payments as low as 3%.
The article 3 Months, 3 Housing Trends: Rates Rise, Prices Slow, Millennials Buy originally appeared on NerdWallet.