Securing approval for a higher mortgage can open doors to your ideal home. But getting approved for a bigger loan amount ...
Getting approved for a mortgage is tough. According to the New York Fed, the average rejection rate for mortgage applications rocketed to a decade high of 20.7% in 2024, up from just 12.1% in 2023.
Shopping for homes is exciting until one needs to secure financing to purchase. Even with savings, most Americans can only buy a house through a mortgage loan. In the fourth quarter of 2022, the US ...
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