November 2021 mortgage rate update

November 2021 mortgage rate update

Mortgage rates are looking phenomenal and continue to trend downward. For buyers, your borrowing power is very strong. So, do you best to take advantage of these very low mortgage rates – even in a seller’s market.

You can take a closer look below at the Primary Mortgage Market Survey from Freddie Mac. 

Buyer Consultation
  • Review the home-buying process from start to finish
  • Discuss your home-buying goals and needs
  • Learn about buyer agency representation
  • Review current market conditions
  • Review available homes on the market
Schedule & Tour Homes
  • Apply for mortgage pre-approval
  • Receive customized home search via email and/or in person
  • Notified of any upcoming homes prior to coming to market
  • Review and select available homes to visit
  • Schedule private showings for interested listings
  • Receive listing handout for each home we visit
Contract Negotiations
  • Select home
  • Review comparative market analysis (CMA), seller’s disclosure, and supporting documents for home
  • Write offer to purchase and negotiate price and terms
  • Offer acceptance and earnest money deposited
  • Arrange for home inspection
  • Accept inspection results or request repair/remedy
Closing
  • Mortgage appraisal and mortgage approval
  • Final walk through (if needed)
  • Review closing documents
  • Coordinate closing date, time, location, and contacts
  • Close on sale of home
  • Provide copies of all closing documents