Wednesday, October 16, 2013

Pre-approved South Carolina Mortgage Loans: What First-time Home Buyers Need

"Brian O'Connell's July 22 article for NuWire reports that first-time home buyers in the U.S. are on a roll. O'Connell cites data gathered by global market research company J.D. Power, which shows that 49 percent of new home buyers are also first-timers. This is certainly a marked improvement compared to the 40 percent noted at the same time last year. Based on the same study, O'Connell noted that the majority of first-time home buyers are between the ages of 20 and 30. Despite their youth, these home buyers show that they are as savvy about the real estate market as more seasoned home buyers; and have accordingly taken advantage of affordable home prices as well as low mortgage rates. Those who hope to follow in the footsteps of these smart young home buyers may want to closely consider their options for reasonably priced South Carolina mortgage loans."

http://south-carolina.churchillmortgage.com/industry-news/pre-approved-south-carolina-mortgage-loans-what-first-time-home-buyers-need/

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