Free Guide

Your Guide to Buying a Home

Everything you need to know to buy a home without an agent.

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Your Buying Power

Once you go through and determine how much you can afford and how much you want to spend, you’ll have a good idea of what you can afford in your market. 

Your buying power may fluctuate with changes in mortgage interest rates (if getting a loan) and local real estate market conditions. You will want to keep tabs on these two things weekly. 

For a loan, check in with your lender weekly and ask what the trends are for interest rates. Ask them to add you to their weekly email detailing the mortgage market. You can also track Fannie Mae (government-sponsored enterprise that buys mortgage loans from lenders and guarantees them on the mortgage market)  

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