June saw one of the busiest housing markets for 2020 in Arkansas. With interest rates low, now is the time to buy a new house! However, buying a house can get expensive. Want to save cash where you can?
Here are some tips on how to do it:
● Get multiple mortgage loan quotes. Because rates and terms vary greatly from lender to lender, getting several quotes could save you thousands.
● Shop around for other services, too. Compare quotes for appraisers, home inspectors, surveyors, and other vendors you'll need, and make sure you get the best deal.
● Improve your credit score first. The better your credit score is, the more favorable loan terms you'll get (and the more you'll save).