Master Homebuying This Week with 5 Game-Changing Tips

Secure Your Financing Early

One of the most critical steps in homebuying is securing financing. Mortgage rates can significantly impact your purchasing power, so it's wise to get pre-approved for a loan early in the process. This not only helps you understand your budget but also positions you as a serious buyer in the eyes of sellers. As of the latest data, average mortgage rates have hovered around 6.5% for a 30-year fixed loan². By locking in a rate, you can protect yourself from potential increases.