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4 Reasons Why Today’s Housing Market is NOT 2006 All Over Again

[ad_1] With home prices rising again this year, some are concerned that we may be repeating the 2006 housing bubble that caused families so much pain when it collapsed. Today’s market is quite different than the bubble market of twelve…
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“Short of a war or stock market crash…”

[ad_1] This month, Arch Mortgage Insurance released their spring Housing and Mortgage Market Review. The report explained that an increase in mortgage rates and/or home prices would impact monthly payments this way: A 5% increase in home…
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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! The…
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Is Family Mortgage Debt Out of Control?

[ad_1] Some homeowners have recently done a “cash out” refinance and have taken a portion of their increased equity from their house. Others have sold their homes and purchased more expensive homes with larger mortgages. At the same time,…
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The COST of Your Next Home Will Be LESS Than Your Parents’ Home Was

[ad_1] There is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically. The Difference…
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Mortgage Interest Rates Have Begun to Level Off

[ad_1] Whether you are a buyer searching for your first home, or a homeowner looking to move up to your next home, you should pay attention to where mortgage interest rates are heading. Over the course of 2018, according to Freddie Mac’s…
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Be Thankful You Don’t Have to Pay Your Parents’ Interest Rate!

[ad_1] Interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict…
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Freddie Mac: Rising Mortgage Rates DO NOT Lead to Falling Home Prices

[ad_1] Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market…
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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…
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Mortgage Rates on FIRE! Home Prices Up in Smoke?

[ad_1] Mortgage interest rates have already risen by over a quarter of a percentage point in 2018. Many are projecting that rates could increase to 5% by the end of the year. What impact will rising rates have on house values? Many quickly…
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Should I Wait Until Next Year to Buy? Or Buy Now? [INFOGRAPHIC]

[ad_1] Some Highlights: The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.1%…
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Where Are Mortgage Interest Rates Headed in 2018?

[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…