Real Estate Blog – Condotron

Condos – Properties – Real Estate – Mortgages

02 Oct

How Much Time Do You Have To Decide On A Mortgage? 2

Posted in Mortgages on 02.10.09

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Now that we have talked a little bit about the time frame that you may be looking at whenever you are dealing with mortgages, let’s talk about some of the things that you can do in order to stay on top of the mortgage rates and find the very best deal.  Firstly – research your tail off.  This will seriously save you in the end and I can promise that you will find the right mortgage to fit all of your needs!

Next, you want to make sure that you are not only fluent in the mortgage lingo but that you are actually knowledgeable about mortgages in general.  You always want to make sure that you know what you are doing and what needs to be done in order to get the mortgage that you want.

Finally make sure that you keep up on the mortgage rates – get in contact with a few mortgage brokers and real estate agents – even some lenders!

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01 Oct

How Much Time Do You Have To Decide On A Mortgage?

Posted in Mortgages on 01.10.09

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Shopping for a mortgage is almost as hard as shopping for a house.  There are so many different options available and I can tell you that finding a mortgage is going to affect the rest of your life – so make sure you do not take the decision lightly.  Whenever you are looking for a mortgage, a lot of people wonder exactly how much time they have before they have to make a decision.

Well, usually the offer that you get from your lender is only good for about a 24-hour period … that is because there are so many people looking for mortgages; they can not hold special offers.  Whenever you are looking for a mortgage, you always want to make sure that you can make the decision right away.

The mortgage market is a quick market to move and on average, the rates actually change every 4 hours and 2 minutes.  Keep that in mind.

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