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Redstone Federal Credit Union ® (RFCU ® ), Redstone Family Realty and Redstone Title Services ® are affiliated but are separate entities. RFCU does not warrant, guarantee, or insure any products or services offered by them. RFCU and its affiliates are committed to fair, equitable, and non-discriminatory practices. Rates, terms, and conditions are subject to change without notice. RFCU is an Equal Opportunity Lender. Contact credit union for details. Various types of mortgage loan programs and terms are available. Mortgage rates are on the rise! If you've been thinking about buying a home, it may be time to make your move while rates are still at pre-pandemic levels. With many potential homebuyers feeling this same urgency, there's bound to be an increase in demand. Keep calm and follow these tips for buying in the current climate: Home-Buying Tips in the Current Market Complete your entire home-buying process at Redstone. Start your mortgage application with Redstone's Mortgage Team. Redstone Family Realty agents will work for you to get you the house you want. Redstone Title Services offers a safe and affordable closing process. Get your finances in order. Talk to our experienced Mortgage Team to get preapproved before you start looking at houses. Getting preapproved saves you time in the home-buying process and makes you a "preferred buyer" in the eyes of a seller. Find a real estate agent you're comfortable with. Your agent will find houses that meet your needs and interests, tour the properties with you, and help you negotiate a purchase price. It's important to choose someone who has your best interests in mind. Do your research. Don't be tempted to rush the home-buying process. It is still important to determine what you're looking for, taking into consideration the home's location and amenities, your lifestyle, and future needs. Your long-term costs and the resale value are also important factors. Keep an open mind. Don't judge a listing by the photos. If the property is in the right location at the right price, it's worth a walk- through. When viewing a home, don't get hung up on things that can easily be changed, such as paint color or carpeting. Make your best offer. When you're buying in a competitive market, you may need to move fast when you find the home you want. If you've done your research and you trust your real estate agent, you can be confident your offer gives you the best chance of success. Keep in mind that you're a more attractive buyer if you're willing to be flexible about contingencies, such as avoiding large repair requests after the inspection and changing the closing date to accommodate the seller.