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Need a few mortgage lessons?

Ask Mark. He’s got class. 

Let Mark take you to school on an ever-changing mortgage market. Whether you are a realtor needing some quick advice or a prospective buyer trying to pass Homebuying 101, Mark and his “teachers” will help you make the grade. Or think of them as your investment study buddies with convenient cheat sheets. They are the really smart kids who love homework (literally) and have all the answers and want you to know it (but in a helpful, not obnoxious way).

Back-to-school Lesson #1: Buying is getting better.

It might not feel like it, but the real estate market is easing up on homebuyers. Many people have been scared off of jumping in to the market because the bidding wars have been so fierce. Fortunately, that has reduced the competition and slowed the spike in prices. In other good news: yes, rates are increasing but they are still comparable to pre-pandemic rates and are much lower than previous decades. The Mark Smith Team also lets you Lock and Shop so you can lock in an interest rate if you plan to buy a home within the next 60-90 days and close within 90-120 days.

Back-to-School Lesson #2: Important Update on Medical Debt!

There is good news for those of you who are worried about medical debt affecting your credit scores. Beginning July 1, 2022, paid medical bills will no longer be included on credit reports issued by Equifax, Experian, and TransUnion.

Check out Mark’s short video for more info.

Back-to-School Lesson #3: Get Schooled on Schools

If you are new to Austin and looking for a neighborhood with good schools, a good place to start is Texas Education Agency Academic Performance Report. You can search “grades” by campus and district for all public schools including charter schools. And for our valued teachers out there: August 28 is National Red Wine Day, just a few weeks after the start of the school year. Just sayin’.

Don’t be afraid to raise your hand and ask for help over email TeamMarkSmith@LegacyMutual.com (or just slide into the DMs). These mortgage nerds experts are eager to help!