How to Use Twitter when Searching for a Mortgage Deal

Twitter is one of those social media and networking websites that started out slow but has gained momentum in recent months as a great tool that can serve a variety of purposes. But did you ever think about using Twitter as a tool when searching for a home or mortgage? If not, you could be missing out on a useful resource that can help you save money when you buy a home.

Here are some ways that you can use Twitter to find a great deal on a home or mortgage:

• Find and connect with local realtors. More and more realtors are setting up Facebook, Myspace and Twitter accounts to increase their web presence and to connect with potential buyers in their local area. By connecting with these local realtors, you expand search opportunities and you can find about new listings as they happen.

• Get informed about mortgage news. When something happens in the mortgage industry, you want to know how it is going to affect you whether you are a potential buyer or a seller. By using your Twitter account, you can subscribe to mortgage websites and get a link tweeted to you when a news story occurs in the mortgage industry. This can help you stay informed about all the latest news so you can make an informed decision.

• Get the latest information on mortgage rates. It seems like mortgage rates change all the time. In fact, they are typically updated each week. When you have a Twitter account, you can have the latest mortgage rates tweeted to you so you can take notice of the trends and take advantage of the rates when they drop.

• Subscribe to bloggers who blog about the mortgage industry. There is a lot of stuff that happens in the mortgage industry that you won’t find on some news websites but you will hear about it from various blogs. Find a few bloggers that you like and subscribe to their posts to help you stay informed.

These are just a few of the ways that Twitter can help you find a great price on a home and stay up to date on the latest listings and happenings in the mortgage world. You can also subscribe to our website and get updates when new articles are posted as well.

Click here for information on the current mortgage rates in your area.