Tag Archives: Homebuying Process

Redfin reports that nearly 60,000 home-purchase agreements fell apart in June, as mortgage rates steadily climbed toward the 6%-mark, thus compounding affordability issues.

A Chase mortgage survey found that homeowners are struggling with a fear of missing out on other opportunities and are beginning to search for homes on digital platforms.

Those with lower credit scores who do get accepted for mortgage loans (and other types of loans) will almost certainly pay higher interest rates than those with higher credit scores; therefore, those with higher credit scores pay less over the life of the loan due to paying less interest.