Byron Nazar - Movement Mortgage - NMLS #575637

Mortgage rates are down almost a full point from last November. So why are you still waiting to jump into the homebuying game?

Check out our latest Market Update for details: https://blog.movement.com/2023/02/03/mortgage-rates-continue-trend-lower/

Thinking of building instead of buying?! 🔨 Financing for new homes works a bit differently than it does for conventional loans. For example, construction loans generally have a shorter term than traditional mortgages, and a higher interest rate applied to them. Visit blog.movement.com to learn more — and happy building! 👷

Escrow is a fancy term for a third-party holding onto the money involved in purchasing a home until it’s time to be paid. It’s a way to protect both the buyer and seller in the home loan process. Now go use your fancy new word and begin your journey to homeownership!

Have you been waiting out interest rates and home prices? Yeah, so, now is your time. Check out our latest Market Update and start pulling those documents together.

Market Update: https://blog.movement.com/2023/01/27/recession-not-mortgage-market-starting-come-back-strong/

FREEZE! 🥶 (Your rate, that is.) A rate lock freezes your interest rate quote for a specific period (typically 30, 60, or even 90 days) so you can estimate exactly what your closing costs and your monthly payments will be. Let your loan officer know you’re interested in a locked rate so they can proactively call you when they feel the timing is right! 🔒

Class is in session! 📝 What are the benefits of owning in a good school district, whether you have school-age kids or not? Here are some things to consider.

Average mortgage rates decreased again week-over-week, sparking pent up demand. But is there an answer for supply strain? We break it down inside our latest Market Update: https://blog.movement.com/2023/01/20/economy-flux-mortgage-market-sees-positive-activity/

Buying in a high-priced area? Depending on the price of the home you're looking at, a standard conforming loan limit might not offer you enough financing. Jumbo loans are non-conforming and can offer financing options with a higher limit! Talk to a loan officer to find out if a jumbo loan might be a good option for you.

Buyers are taking advantage of the volatile market and dips in rates, but are we past the peak? Dive into the details with our latest Market Update: https://blog.movement.com/2023/01/13/2023-housing-market-spurred-mixed-bag-economic-data/

Planning to buy in 2023? There might be some hope on the horizon. Check out our Market Update to learn more: https://blog.movement.com/2023/01/06/volatility-continues-theres-hope-housing-2023/

Yes, you want a good school system for your kiddos. But did you know school districts have an impact on property value? The higher a school district's scores, the higher the home value in that area. An A+ in education means an A+ in home value! 🤓

You've heard that you need a team to help you with the home-buying process...but like, WHO DOES WHAT?

Find out more ➡️ https://blog.movement.com/2022/11/09/assembling-homebuying-dream-team-heres/

Happy New Year! 🎉 We wish you an abundance of new adventures, good fortunes, and happy memories in the coming year.

Lighting the tree 🎄swapping gifts 🎁 and meals with family 🍗…you do A LOT on Christmas. But there’s one place that brings everyone together – HOME 🏡 . So wherever you find yourself this Christmas, I hope it’s in a home filled with warmth, joy and togetherness.

Don't forget step 4: Give an enormous bear hug to the person who contributed to your new home! 🐻

Rates may have peaked, but don’t expect to see 2021 levels again…probably ever. So what can you expect? Read up on the latest inside our Market Update: https://blog.movement.com/2022/12/16/feds-rate-increase-mean-good-news-mortgage-rates/

Don't do it! The length of time you have credit in good standing is a key factor used to calculate your credit score, and if you close an account, all that credit history is wiped from your report. That'll impact your credit profile, which might change your rate or cause delays.

The average rate for a 30-year fixed-rate mortgage fell for a fourth consecutive week, but still remains solidly above 6%. Uncertainty around the future of the economy is part of the reason why rates continue to decline and that same uncertainty could force the Fed into a bigger federal funds rate hike than expected.

We dive into the details inside our latest Market Update: https://blog.movement.com/.../rates-drop-market-awaits.../

YES, your family can help pay for your new home! 🎁 Gift funds are contributions you receive from family members for a down payment or to help cover closing costs. There just has to be documentation specifying that there's no expectation for you to pay the money back. That's why it's called a gift. 😉

You don't have to be afraid of your credit score. There are a lot of healthy money habits you can start RIGHT NOW to bring new life to your credit score and increase your chances of approval on a great mortgage! You got this. 💪

Mortgage rates and home prices are both starting to cool off, but is that enough to get homebuyers off the sidelines? Get the details inside our latest Market Update: https://blog.movement.com/2022/12/02/inflation-mortgage-rates-show-signs-cooling/

Don’t be disappointed. We’re a mortgage company, so we’re not going to fill your head with holiday movie montages of fancy people carrying shopping bags from the finest department stores. 🛍 First of all, department stores?? You’re doing your shopping online. Second of all, although there’s temptation to spend around every corner, we PROMISE that Future You will be grateful that you set and stuck to a budget. 🙌🎁

Planning on buying a home in 2023? Be an eager beaver and get a jump on the process now! That way you can spend January Marie Kondo-ing your stuff before you move. ✨ (Did this spark joy? We hope so.)

A rate lock freezes your interest rate quote for a specific period so you can estimate exactly what your closing costs and your monthly mortgage payments will be. 🧊💰 Then, you can confidently plan for what your monthly payments will be for the lifetime of your mortgage.

We’re feeling very grateful this year. ❤️ But we need your help to settle the biggest debate in our company’s history. How do you refer to the quintessential Thanksgiving accompaniment: “Stuffing” or “dressing?” More importantly, do you make it with bread or cornbread? And what HAS to be included for it to be perfect? Please tell us below so we can end this once and for all. Oh, and Happy Thanksgiving!

Positive economic data concerning inflation makes predicting the Fed’s next move a little tricky.

We break down the details inside our latest Market Update: https://blog.movement.com/2022/11/18/brief-rate-drop-spurred-positive-economic-data/

Not all lenders are created equal. Shopping loan offers is part of the process, and you want to make a mortgage decision you feel good about. When you choose Movement, not only can we process your loan quickly, you'll be choosing a lender that uses almost half its profits to fund much-needed infrastructure, education and support to underserved areas in the U.S. and around the world.⁣⁣ That's a mortgage with a side of warm fuzzies. 🥰

Are you about that WFH life? 🧑‍💻🏠 It can bring so much flexibility to your day-to-day life and can even make it possible to live ANYWHERE. But before you decide it's time for a change of scenery, there are a few things you'll want to consider.

Check out our blog for more tips: https://blog.movement.com/2022/11/16/8-tips-remote-workers-thinking-relocating/

Inflation showing signs of cooling, so what about the once red-hot housing market?

We break down the latest inside our Market Update: https://blog.movement.com/2022/11/11/signs-easing-inflation-boost-markets-midterms/

This mortgage tip is more like a mortgage ninja trick! Making a 13th payment each year could help you pay off your loan faster AND could potentially cut down on your overall interest, which could save you major dollars. 💵