The Mortgage Bankers Association, Fannie Mae and the National Association of Realtors have all projected that the 30-year mortgage rate will be at least 4% by the end of 2013. If we assume that rates will still be at 4% in twelve months, here is the … [Read more...]
House Prices Projected to Increase
Experts have projected that U.S. home prices will appreciate by 5.4% in 2013. If we assume that prices will rise about the same 5% over the next twelve months, here is the difference a buyer will pay if they wait a year. … [Read more...]
You Spoke…We Listened!!
We want to thank everyone who answered last week’s request and provided suggestions for future topics we should address on the blog. Blog comments, emails and Facebook messages continue to come in at numbers we never anticipated. We will … [Read more...]
What Is Important to You?
Every day we try to bring you a better understanding of what we believe to be the major issues impacting the current real estate market. Today, we want to hear the topics on which YOU BELIEVE we should be reporting. Please leave your suggestion in … [Read more...]
Buy or Rent: Which Makes More Sense Financially?
Every potential home buyer has to stop for at least a moment and consider this question. Today, we want to look at one of the many financial reasons to buy instead of rent: the housing expense moving forward. According to the latest Existing Home … [Read more...]
How Difficult Is the Mortgage Process for Buyers?
TD Bank recently announced the results of their inaugural Mortgage Service Index. The index was designed to identify best practices and trouble areas in home financing and act as a service indicator for lending institutions. Below are some of the key … [Read more...]
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