, , , , ,

Where Are Mortgage Interest Rates Headed In 2019?

[ad_1] The interest rate you pay on your home mortgage has a direct impact on your monthly payment; the higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your…
, , , , ,

What Does the Future Hold for Home Prices?

[ad_1] Home prices are at the top of everyone’s minds. Can they maintain their current pace of appreciation? Will rising mortgage rates negatively impact home values? Will the next economic slowdown cause prices to crash? Let’s try to…
, , , , ,

Rent or Buy: Either Way You’re Paying A Mortgage!

[ad_1] There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage…
, , , , ,

The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]

[ad_1] Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Rates are still low…
, , , , , , , ,

Home Buying Myths Slayed [INFOGRAPHIC]

[ad_1] Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months! [ad_2] Source…
, , , , ,

Rising Interest Rates Have Not Dampened Demand

[ad_1] Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage…
, , , , ,

Cost Across Time [INFOGRAPHIC]

[ad_1] Some Highlights: With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.1% by this time next year according to Freddie Mac. The impact…
, , , , ,

Homes are More Affordable in 44 out of 50 States

[ad_1] With both home prices and mortgage rates increasing this year, many are concerned about a family’s ability to purchase a major part of the American Dream – its own home. However, if we compare housing affordability today to the…
, , , , , ,

Will Home Prices Fall as Mortgage Rates Rise?

[ad_1] Mortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an additional half of a point by year’s end. Because of this increase in rates, some are guessing…
, , , , ,

Why Have Interest Rates Jumped to a 7-Year High?

[ad_1] Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many…
, , , ,

How Current Interest Rates Can Have a High Impact on Your Purchasing Power

[ad_1] According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history! The interest rate you…
, , , , , ,

What If I Wait Until Next Year to Buy a Home?

[ad_1] We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market. As a seller, you will…