Do not take on new debt or make large purchases on credit cards.

The temptation is strong. There are many big purchases that people want to make in connection with a move: appliances, window treatments, furniture, etc.

Unfortunately, you will change what the mortgage industry calls your debt-to-income ratio's, the relationship of your income to your debt.

Additionally, the new inquiries and balance change on your credit report could negatively affect your score. This may cause you to be denied or not qualify for the best mortgage program.