Interest Rates Remain Low
The significant rise in interest rates predicted for the end of March has not materialized. Rates have crept up some, but remain near historic lows. This is still one of the best times to finance a home purchase we will likely ever see.
Getting pre-approved with a lender is a critical step in the home purchasing process. It should actually be your first step. Using local providers can be extremely important due to unique market attributes. Appraisals can especially be affected when using lenders from another area.
Talk to an agent to help point you to local mortgage options for a smooth closing process.