Buyer Info, Tips and Tricks • Resources • January 13, 2023

Key Terms To Know When Buying a Home [INFOGRAPHIC]

by Pam Boyle

Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process. If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to the current market so you feel confident throughout the homebuying process. DM me so you have expert answers for any questions as they come up.

Key Terms To Know When Buying a Home [INFOGRAPHIC] | MyKCM

Some Highlights

Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process.
If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to the current market so you feel confident throughout the homebuying process.
Let’s connect so you have expert answers for any questions as they come up.

For 5/18/2024

30 Year Fixed	6.75%
15 Year Fixed	6.25%
5/6 ARM	7.5%

For general informational purposes only. Actual rates available to you will depend on many factors including lender, income, credit, location, and property value. Contact a mortgage broker to find out what programs are available to you.

Mortgage calculator estimates are provided by ERA Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

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