The Biggest Mortgage Mistakes Buyers Still Make, Mortgage Myths That Won't Die w/ Chris Bedard // 214
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The Biggest Mortgage Mistakes Buyers Still Make, Mortgage Myths That Won't Die w/ Chris Bedard // 214
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On this episode of The Randy Forcier Podcast, Chris Bedard and I break down what’s happening with mortgage rates, the Federal Reserve, and the economic reports that could move the market next.
We also run through some of the biggest mistakes buyers make before and during the mortgage process, including overstating income, shopping above their budget, opening new credit, moving money around, changing jobs, and waiting too long to speak with a lender.
We also tackle mortgage myths that refuse to die, including the idea that first-time buyers automatically receive special rates, that everyone needs 20% down, that PMI is always bad, and that a mortgage credit pull will destroy your score.
Plus, we discuss what buyers tend to obsess over, what they often overlook, and the first steps anyone planning to buy a home in the next six months should take.
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