Q: It's beneficial to know how discount points affect interest rates and ask the lender, "How much does it cost for me to lower my rate down by 0.25% or 0.5%?"?

It's beneficial to know how discount points affect interest rates and ask the lender, "How much does it cost for me to lower my rate down by 0.25% or 0.5%?"

Question 1

Ask, "How can I afford this house" instead of, "Can I afford this house?"?

Accepted Answer

Ask, "How can I afford this house" instead of, "Can I afford this house?"

Question 2

It&#x27;s beneficial to know how discount points affect interest rates and ask the lender, "How much does it cost for me to lower my rate down by 0.25% or 0.5%?"?

Accepted Answer

It&#x27;s beneficial to know how discount points affect interest rates and ask the lender, "How much does it cost for me to lower my rate down by 0.25% or 0.5%?"

Question 3

Months of inventory is defined as: If no new properties came on the market today, and existing properties kept selling at the current rate, how many months would it take for everything to sell out?

Accepted Answer

Months of inventory is defined as: If no new properties came on the market today, and existing properties kept selling at the current rate, how many months would it take for everything to sell out?

Question 4

The key is to have the mindset of "how can I afford it?" instead of "can I afford it?".?

Accepted Answer

The key is to have the mindset of "how can I afford it?" instead of "can I afford it?".

Question 5

Ask yourself, "how can I afford it?" when looking for properties.?

Accepted Answer

Ask yourself, "how can I afford it?" when looking for properties.

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