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Evaluate Cost Savings Determine if refinancing is beneficial by calculating potential monthly savings with a mortgage calculator. Understand Refinancing Fees Recognize various fees involved in refinancing, including origination fees, recording fees, and local taxes

Homes are selling fast, indicating it’s still competitive.Buy now if you're ready.Buyers are hesitant now, so waiting might be wise if you're cautious.

Home prices in South Carolina increased to a median of $338,000 in Q3 2024. The median home price rose 2.4% from the previous year and 3.5% year-to-date.

Buying now may be smart if you have strong credit, stable employment, and enough savings. Waiting may be better if your finances aren't ideal or home values in your area are dropping.

BNPL options are becoming popular for spreading payments on large purchases, including home-related expenses.BNPL loans don't require hard credit checks, making them easy to qualify for.

Check your credit score early; aim for 740+ to secure the lowest mortgage rates.Utilize your bank’s online tools, including affordability calculators and educational resources.

Home prices continued to rise post-pandemic due to low mortgage rates and limited housing inventory. Housing competition has slowed, increasing inventory and giving buyers more leverage in negotiations.

Pros of buying in 2024: – Lower interest rates – Price certainty – Early equity building Challenges of buying in 2024 include: – Market volatility – Competition – Financial readiness required