Why Buyers Are Racing to Close on Existing Homes » Mortgage Masters Group

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Why Buyers Are Racing to Close on Existing Homes » Mortgage Masters Group

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First-time home buyer: Here’s why they are purchasing more homes today.. It’s tough saving up for a home. Landing a mortgage at the desired rate can be tricky. And beating out contenders to.

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Sales of previously owned homes fell in March for a third consecutive month as rising prices and a lack of inventory discouraged would-be buyers. eliminated workers in their mortgage divisions. At.

Sales of previously owned U.S. homes. buyers, though mortgage rates have fallen in recent weeks following a post-election surge. While March data released earlier this week showed single-family.

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Colder-than-normal weather probably played a role in discouraging prospective buyers faced with rising mortgage rates, higher prices and limited supply of cheaper properties. At the same time, the.

The First-Time Homebuyer Mortgage Program is the foundational mortgage program that can be combined with the NJHMFA Down payment assistance program, which provides qualified buyers with $10,000 as an interest-free, five-year forgivable second loan with no monthly payment that can be used to cover down payment and closing costs.

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