Whether you’re buying a new home or refinancing your current one, your finances need to be in shape.
Mortgage interest rates are at a historic low—making it the perfect time for first-time homebuyers and current homeowners to save money. And considering the mortgage debt in the U.S. is nearly $16 trillion according to HousingWire, it’s a good idea to save as much as you can.
Buying or refinancing can be overwhelming and frustrating. That’s why Consolidated Credit put together a free webinar, Buy or Refi: Which is Best for You? It will answer commonly asked questions like when the best time to refi is and what credit score you need to buy a home.
3 Steps to Save for a Home
Before you ask yourself if you should buy a new home, you need to have enough saved first. This infographic offers ways you can save before and during the homebuying process. All this and more is covered in the webinar.
Before you buy or refi, talk to a certified credit counselor at Consolidated Credit. We can help lower your debt-to-income ratio and boost your credit score, which will make you significantly more likely to be approved for a mortgage.