Scott Carter

NMLS # 1391426

801-272-0600

scott@advancedfunding.com

Scott Carter Mortgage Loan Advisor

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How to Buy a New Home while Selling your Current Home

How to Buy a New Home while Selling your Current Home

Buying a new home is exhilarating, but the logistics can be downright challenging. When you're eager to move into your dream house but your current one hasn't found a buyer yet, bridge loans can be your financial lifeline. Let's dive into the world of bri

Mar 07, 2024 | Purchasing a Home

The Impact of Your Credit Score on Interest Rates

The Impact of Your Credit Score on Interest Rates

In the intricate dance of acquiring a mortgage, your credit score takes center stage, dictating the interest rate that can either make your dreams of homeownership a reality or a financial challenge. Understanding the dynamics between your credit score an

Mar 05, 2024 | Interest Rates

Understanding When to Lock Your Rate

Understanding When to Lock Your Rate

In the labyrinth of homeownership, one question frequently echoes: When is the opportune moment to lock in your mortgage rate? It's a financial crossroads that demands careful consideration and strategic planning. Today, we'll dissect the intricacies, pro

Feb 29, 2024 | Interest Rates

Inflation Pressures Eased in January

Inflation Pressures Eased in January

Inflation pressures have been slowly easing since hitting record-high levels a few years ago. The Fed's favorite inflation gauge, the Core PCE, fell to 2.8% year over year, down from the multi-decade high of 5.57% hit back in February of 2022. The markets

Feb 29, 2024 | Mortgage News

Mortgage Assistance Programs for First-Time Buyers

Mortgage Assistance Programs for First-Time Buyers

Let's explore how mortgage assistance programs can help you obtain the funding to turn your dream into a reality. The Pursuit of Homeownership Imagine the thrill of stepping into your very first home—a space that's yours to make your own. For first-

Feb 27, 2024 | Purchasing a Home

New Home Sales Rise

New Home Sales Rise

New single‐family houses in January 2024 rose 1.5% from December to an annual rate of 661,000 and is 1.8% above January 2023. The median sales price was $420,700, average sales price was $534,300. The supply of new homes on the market is 8.3 months at the

Feb 26, 2024 | Mortgage News

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