3. Get A Mortgage Pre-Approval
The interest rates are rumored to go higher in the coming year. This can dramatically impact the mortgage amount you can get from the lenders.
Once you get pre-approval for the mortgage, your rate will be locked for a specific period.
However, you may not buy a home forcibly or commit to a lender. But by getting written approval of the amount and interest rate, you can talk to realtors and shop for a home within your budget.
