We are often asked where we think mortgage rates are headed over the next year. The best people we can go to on this issue are the people who deal with it on a daily basis – The Mortgage Bankers Association (MBA). Here is what was reported by … [Read more...]
House Prices: Looking for the Bottom? We May Be There
With sales and prices increasing in most regions of the country, it looks as though housing recovery is in full swing. There are more and more housing analysts declaring that we have turned the corner. A recent article on money-rates.com explains … [Read more...]
Cost of a Home: Impact of Interest Rates
The buyer should always look at the COST of a home, not just the PRICE. The cost is determined by the price and the mortgage interest rate which is available at the time. Below is a list of the interest rates over the last ten years and the impact … [Read more...]
Real Estate’s New Market Reality
For Agents’ Eyes Only… Each Thursday we will be posting a blog to help real estate professionals understand how they can better assist their buyers and sellers navigate the current real estate market. Hope you find the information … [Read more...]
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