Mortgage interest rates have recently dropped to their lowest levels in over a year, which should be sparking a surge in home buying activity. However, the housing market remains surprisingly sluggish. This unexpected trend has left many wondering: Why aren’t more people jumping into the market? The Waiting Game: Buyers Anticipate Lower Rates The primary
Tag: real estate
In the mortgage lending process, one of the most frustrating experiences for borrowers is dealing with the extensive documentation required by underwriters. Among the most common and challenging requests is the need to prove the source of funds for down payments and closing costs. This may seem like an unnecessary hassle, but it plays a