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Mortgage Applications Are Being Rejected as Rates Reach 8% — How to Get Approved

With mortgage rates reaching 8% and home prices increasing, it is becoming increasingly difficult for potential homebuyers to qualify for a loan. The Consumer Financial Protection Bureau reported that the overall denial rate for home purchase applications was 9.1% in 2022. To get approved, homebuyers should consider programs such as down payment assistance, set realistic…

Why Real Estate Lawyers Are Buyers’ Guardians?

To preserve clients' interests, hiring a Real Estate attorney ensures a seamless, legally compliant transaction when making an offer. Real Estate attorneys also protect the legal rights of buyers, sellers, and lenders during property transactions. What do attorneys assist buyers with? Confirming the property's legal transfer Reviewing documents Ensuring clear titles