With interest rates low again, now is the time to buy a home instead of renting. Video included showing how much you can lose by renting.
Lapeer MI, Homes For Sale | Where Are Interest Rates Headed? Team Success Listing LLC At a local level in Lapeer Michigan, buyer confidence remains strong with some changes that varies on the price level and type of homes they are looking for. Particularly in and around Lapeer 48446. The addition of new stores […]
Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment. First American recently released the results of their quarterly Real Estate Sentiment Index (RESI), in which they surveyed title and real estate agents across the […]
It’s the new year. Get ready to break out the Crystal: We had a great 2015—the best year for housing since 2007. And our forecast here at realtor.com® projects an even better year in 2016. How so? Well, with economic growth chugging along, employment will continue to increase, meaning that people will have more money […]
Borrowers were undeterred by the highest interest rates in five months as mortgage applications for home purchases surged 12 percent in the latest week. Home purchase applications are now 19 percent higher than one year ago, the Mortgage Bankers Association reports. “This was despite the fact that mortgage rates reached their highest level since July,” […]
This weeks mortgage article from RealtorMag, Low Mortgage Rates Are Lingering, discusses continued yearly lows… The average percentage rates for fixed-rate mortgages inched up slightly this week, but continue to hover near yearly lows. Mortgage Rates’ Impact: These Analysts Are Still Bullish on Housing Economists Grow More Optimistic About Housing’s Outlook Understanding and Combatting the Rate Lock-in […]
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 […]