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Mortgage Interest Rates Reverse Course in 2017

[ad_1] To start the year, housing experts all agreed on one thing: 2017 was going to be the year we would see mortgage interest rates begin to rise. After years of historically low rates, and an improving economy, the question wasn’t if…
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Is 2017 the Year to Move Up to Your Dream Home? If So, Do It Early!

[ad_1] If you are considering moving up to your dream home, it may be better to do it earlier in the year than later. The two components of your monthly mortgage payment (home prices and interest rates) are both projected to increase as the…
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Do You Know the Cost of Waiting? [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 and interest rates were to increase over a period of time.Freddie Mac predicts that interest rates will increase…
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Slaying Home Buying Myths [INFOGRAPHIC]

[ad_1] Some Highlights:Interest rates are still below historic numbers.88% of property managers raised their rent in the last 12 months!The credit score requirements for mortgage approval continue to fall. [ad_2] Source link
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Home Mortgages: Rates Up, Requirements Easing

[ad_1] The media has extensively covered the rise in mortgage interest rates since last fall (from 3.42% last September to the current 4.1% according to Freddie Mac). However, a less covered aspect of the mortgage market is that requirements…
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Renting or Buying… 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 that, unless you are living with your parents rent-free, you are paying a mortgage - either…
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What Are the Experts Saying about Mortgage Rates?

[ad_1] Mortgage interest rates have risen over the last few months and projections are that they will continue their upswing throughout 2017. What impact will this have on the housing market? Here is what the experts are saying:Laurie Goodman,…
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Don’t Let Your Luck Run Out [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 and interest rates were to increase over a period of time.Freddie Mac predicts that interest rates will increase…
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Mortgage Interest Rates Went Up Again… Should I Wait to Buy?

[ad_1] Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage…
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Mortgage Rates Impact on 2017 Home Values

[ad_1] There is no doubt that historically low mortgage interest rates were a major impetus to housing recovery over the last several years. However, many industry experts are showing concern about the possible effect that the rising rates…
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How Low Interest Rates Increase 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 4.09%, which is still very low in comparison to recent history!The interest rate you secure when…
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Is This the Year to Move Up to Your Dream Home? If So, Do it Early

[ad_1] It appears that Americans are regaining faith in the U.S. economy. The following indexes have each shown a dramatic jump in consumer confidence in their latest surveys:The University of Michigan Consumer Sentiment IndexNational Federation…