If you’re feeling hesitant about diving into the housing market because of today’s mortgage rates, zooming out to look at the bigger picture can lend the necessary perspective. In today’s blog, we’ll help you understand historic trends in mortgage rates...
2024 is shaping up to be an incredibly promising year to make your move, with favorable market conditions emerging throughout the country. If you’ve been sitting on the sidelines and waiting to make your dream of homeownership a reality, check out the 3 factors making...
Thinking of buying a home in 2024? One popular option is the Adjustable-Rate Mortgage, or ARM for short. It’s like the chameleon of home loans–adapting to changing interest rates. But, like any financial decision, ARMs come with their own set of pros and cons....
Every property must get a home appraisal as part of the purchase process. Unlike a home inspection that focuses on the property’s condition, an appraisal evaluates its worth in the current real estate market. This crucial evaluation not only impacts the final...
For many prospective homeowners, understanding what a mortgage pre-approval letter entails and what information it should include can be daunting. At the Potempa Team, our goal is to empower homebuyers with education and valuable insights into the world of mortgages...
