How to Secure the Best Possible Mortgage Rate

Securing the best mortgage for your home may seem challenging, particularly for those who are first-time homebuyers. Fortunately, we’re here to help you get the best possible mortgage rate, regardless of the real estate market.

Here are three tips that you can use to get the best mortgage rate at any time:

1. Find Ways to Improve Your Credit Score.

Your credit score likely will influence your mortgage rate. However, those who track their credit score closely can improve this score over an extended period of time. That way, when the time comes to secure a mortgage for a new home, you’ll be in great position to get the best mortgage rate possible.

Try to check your credit score regularly. You can do so quickly and easily, as you’re entitled to one free copy of your credit report every 12 months from each of the three nationwide credit reporting companies (Equifax, Experian and Trans Union).

To improve your credit score, focus on paying off any outstanding debt. This will help you enhance your credit score without delay.

2. Take Advantage of a Shorter-Term Mortgage.

Although you may consider a variety of mortgage options, a shorter-term mortgage may allow you to pay a lower mortgage rate for a shorter period of time.

Remember, just because you choose a 15-year mortgage over a 30-year mortgage does not mean you will wind up paying twice as much for your mortgage payment each month.

For example, selecting a 15-year fixed-rate mortgage over a 30-year fixed-rate mortgage may prove to be a viable option for many homebuyers.

A 15-year fixed-rate mortgage will have higher principal and interest totals than a 30-year counterpart, while the insurance and tax fees associated with both types of mortgages will remain the same.

3. Look at All of the Lending Options That Are Available.

It sometimes can be overwhelming to look at all of the banks, credit unions and other lending options that provide mortgage assistance. Diligent homebuyers, however, will dedicate the time and resources necessary to explore all of the lending options at their disposal to make an informed decision.

Ideally, you should try to get multiple quotes from a variety of lenders. This will enable you to see exactly what each lender has to offer and improve your chances of making the best decision possible.

Lastly, don’t forget to lock in your mortgage rate in writing. By doing so, you’ll be able to verify you have the mortgage rate you like and the loan you need to secure your dream home.

Understanding the ins and outs of landing the ideal mortgage rate can be difficult. And if you ever have concerns or questions along the way, your real estate agent may be able to point you in the right direction as well. Because this agent boasts comprehensive real estate sector experience, he or she may be able to provide guidance and tips to ensure that you can find a reliable lender and land a great mortgage rate.

Find a mortgage rate that works for you, and you may be able to save money over the life of your mortgage.

Single-Family – 31 Birchill Rd Barnstable, MA 02632 now has a new price of $293,000!

Looking for a Ranch in Perfect Condition? This charmer has just been redone, All NEW White Kitchen/Granite, totally new bath including the Tub, Hardwood Floors refinished (including the bedrooms) Open floor plan, Newer roof and low maintenance siding, New Garage door. Great Open breezeway to garage that could make a great screened porch or finish for more space. Great option for FHA, VA type loans as either a starter home or a perfect retirement home near the beach. Beautiful Craigville Beach is just 2 miles away and so is Wequaquet Lake plus great Golf and shopping and Dining on vibrant Main St Hyannis. All dimensions/info to be verified by buyer/buyer agent.

This is a Ranch style home and features 4 total rooms, 1 full bath, 2 bedrooms, 0.38 Acres, and is currently available for $293,000.

For complete details click here.

Open house on 4/22/2017 at 31 Birchill Rd Barnstable, MA 02632


Date: 04/22/2017 Time: 11:00 AM to 1:00 PM  
For Directions: feel free to contact me.  
For more information: click here for the full details  

Looking for a Ranch in Perfect Condition? This charmer has just been redone, All NEW White Kitchen/Granite, totally new bath including the Tub, Hardwood Floors refinished (including the bedrooms) Open floor plan, Newer roof and low maintenance siding, New Garage door. Great Open breezeway to garage that could make a great screened porch or finish for more space. Great option for FHA, VA type loans as either a starter home or a perfect retirement home near the beach. Beautiful Craigville Beach is just 2 miles away and so is Wequaquet Lake plus great Golf and shopping and Dining on vibrant Main St Hyannis. All dimensions/info to be verified by buyer/buyer agent.

Select the Right Real Estate Agent to Sell Your Home

Ready to sell your home? You’ll want to work with a friendly, experienced real estate agent to streamline the home selling process.

Although many real estate agents are available, only the best will suffice, particularly for home sellers who want to maximize the value of their residences. Fortunately, home sellers who devote the necessary time and resources to search for a real estate agent can improve their chances of finding a trusted real estate professional to sell their houses.

When it comes to searching for a real estate agent, it is important to remain on the lookout for red flags too. In fact, there are many red flags that may help you differentiate a great real estate agent from a mediocre one, including:

1. Lack of Communication

Ideally, you’ll want to find a real estate agent who will keep you up to date throughout the home selling process. By doing so, this professional will ensure you are able to make informed decisions.

Ask a real estate agent how he or she communicates with clients. If you employ a real estate agent who will stay in touch via emails, phone calls and text messages, you should have no trouble remaining informed about any offers on your residence.

Also, request client references from a real estate agent. This will allow you to get firsthand insights from past clients and understand how a real estate agent communicated with them during the home selling journey.

2. Poor Negotiation Skills

Your real estate agent should have your best interests in mind at all times. And if a homebuyer submits an offer that fails to meet your expectations, your real estate agent should be equipped to negotiate on your behalf.

A real estate agent who lacks negotiation skills may struggle to get the best offers for your residence. However, if you learn how a real estate agent will handle a tough negotiation in advance, you can employ a real estate professional who is ready for any challenges that come his or her way.

To learn about a real estate agent’s negotiation skills, ask this professional to provide an example of a time when he or she faced a tough negotiation. Ultimately, this will help you understand whether a real estate agent has what it takes to handle a difficult negotiation.

3. Insufficient Expertise

It often is better to err on the side of caution when you choose a real estate agent. Thus, if you are forced to decide between two real estate agents, you may want to consider expertise as a determining factor.

A real estate agent who has sold a broad array of homes over the years likely is equipped to deal with buyer’s and seller’s markets. As a result, this professional knows the ins and outs of the housing market and will do whatever it takes to help you optimize the value of your house.

Take the guesswork out of selling your home – hire a courteous, talented real estate agent, and you can improve your chances of maximizing the value of your house.