Dryden MI | Freddie Mac: Rising Mortgage Rates DO NOT Lead To Falling Home Prices If you are looking to buy a home in Dryden MI, as real estate agents, we want to be prepared to ensure that you are given the best buying experience with knowledge and expertise to guide you along the way. […]
“so the client has 3 percent equity immediately…” Quicken Loans has been fairly hush about its latest offering of a super low down payment mortgage, even as rival bank giants like Bank of America, Wells Fargo, and JPMorgan Chase all tout their new 3 percent down mortgage products. But late last year, Quicken Loans quietly […]
“mortgage rates have now dropped 15 basis points over the past two weeks, leaving them only…” Mortgage rates hit a new 2016 low this week, and they’re also nearing the lowest averages ever recorded. Freddie Mac reports the 30-year mortgage rate is close to the November 2012 record low of 3.31 percent. “Continuing fallout from […]
2016 Predicted To Be Housing’s Golden Year … Officials from mortgage giant Freddie Mac have made a bold prediction: This year housing starts and home prices will reach their highest levels since 2006. The main reasons behind its bullish forecast is low mortgage rates, an improving job market, and a gradual increase in housing supply. […]
This article in the RealtorMag dated 11/14/2014, Mortgage Rates Still Near Yearly Lows, quotes Freddie Mac on last weeks mortgage rates … The 30-year fixed-rate mortgage is hovering around 4 percent. This has been keeping borrowing costs low for refinancers and home buyers for the last few weeks, Freddie Mac reports in its weekly mortgage market survey. […]
New mortgage article in RealtorMag dated 08/22/2014, talks about fixed rate mortgages continue to tumble. Mortgage Rates Sink to New Low for 2014 is worth reading… Despite predictions that mortgage rates were to inch up in the second half of this year, fixed-rate mortgages continue to tumble. Borrowing costs moved lower this week, as the 30-year fixed-rate […]
Freddie Mac reports these statistics to RealtorMag in the 07/25/2014 issue, Mortgage Rates Hover Near Yearly Lows, in its weekly mortgage market survey… Fixed-rate mortgages remained mostly unchanged this week, with borrowing costs just slightly above their lows for 2014, Freddie Mac reports in its weekly mortgage market survey. Are low interest rates spooking your potential […]
Mortgage rates are rising, home buyers are concerned, housing market recovery derailed? These are some of the issues this post that I found on RealtorMag addresses… Will rising rates lead to buyer rush? Mortgage rates soared to a two-year high last week, rising by the largest pace since 1987. Freddie Mac reported the average 30-year […]
Found this story on mortgage rates in RealtorMag, talks about rates being pushed lower for the 5th week in a row… Fixed-rate mortgages pushed lower for the fifth-consecutive week, with low mortgage rates further driving the housing recovery over the near term. This week, the 30-year fixed-rate mortgage hovered near its all-time record low, while […]