10.  The worst mistake you can make is to not find, and use, a good Buyer’s Agent. Purchasing a home is the largest investment most people will make.  You need to have a qualified Buyer’s Agent with you every step of the way.  He can help you understand every aspect of the home buying process – [...]

9.  Doing too much too soon.  You’ve just moved into your new home and you’re ready to put your style stamp on it.  Don’t go into debt to do so.  Instead, create a plan and budget and make those changes when you can afford it.

According to Freddie Mac, interest rates on 30-year mortgages remain below 5%, averaging 4.83%.  Interest rates on 15-year fixed rate mortgages fell to 4.32% this week.  This news, together with the extension of the homebuyer’s tax credit, makes buying a home a smart decision.