Prepare in case rates drop Youll want to get your refinance application in as soon as possible, not only to catch low rates before they rise, but also to avoid a backup in refinance applications should rates suddenly fall, according to Casey Fleming, author of The Loan Guide: How to Get the Best Possible Mortgage. This is the biggest mistake I think people make, Fleming says. If youre not in the pipeline ready to go when the interest rates start moving down, all of a sudden you have to get in the back of the line, and oftentimes you miss the dip in the rates. Fleming says that youre not obligated to lock in a rate when you submit your application. You can wait and watch the market for as long as you want. If youre not ready to submit your application just yet, work on keeping your credit score up, have your financial documents ready to go, and save money for the upfront refinancing fees. Just remember that rates are rising slowly but steadily. 3. about hisMake sure your credit score is in good shape Acting fast on a refinance may not be worth it if your credit score isnt in top shape. Your credit score plays a big part in the rate you can get on a mortgage. Just because low rates are out there doesnt mean youll qualify for them. check this link right here nowLyons Cole says that, in some cases, your credit can be easily bolstered.Ive seen peoples scores go from the 500s up to the 700s in about three months just from [quick changes] on your credit report. Some ways that you can work on your credit include checking your credit report for errors, paying your bills on time and keeping a safe distance fromyour credit limit.
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I was talking to my father the other day and I told him Im still shaking, still an exciting moment, Epps tells KYW Newsradio about getting drafted. Its starting to settle in. Im just looking forward to getting to Philadelphia and beginning this part of my career. Listen to the entire interview with Union top draft pick Marcus Epps: He says Philadelphia did show some interest in him prior to the draft. During the combine I actually had an interview with the Union, he says. I was fortunate enough to have an interview with them and spoke with them for a few minutes. I did not know they were going to trade up to get me, but it was an exciting moment to see that. The 21-year-old Epps enjoyed an outstanding college career with the Bulls, playing in 75 games and finishing his career with eight goals and nine assists. He talks about what he brings to the table. My biggest strengths right now are my one-on-one ability, he says. I love to dribble and beat players. My athleticism, I feel I have a pretty high athleticism as well as my technical ability.
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