If you’re in the market for a new mortgage or already have a mortgage, you may be wondering what the rising interest rates could mean for you. Although the federal interest rates hike doesn’t directly affect mortgage rates, you could end up paying more on your loan in the long-term. Still confused? The team at […]
Read More…A recent Federal Reserve survey of domestic loan originators shows that out of more than 70 banks within the US, most are loosening their mortgage lending standards—more in the last quarter than at any time during the last 10 years. This survey, conducted once per quarter by the Federal Reserve, ascertains what the national lending […]
Read More…If you’ve made the decision to sell your home – whether for a career move, retirement, or to move on to the next phase of your life from a starter home or into a downsized house – you might be watching the rising interest rates with some apprehension. After all, higher rates means more expensive […]
Read More…Interest rates are rising. House Hunters are watching those rates nervously, and they’re worried – quite sensibly – that rates will continue to rise. But if you’ve been thinking about buying a home, all the recent news about rising interest rates and high home prices shouldn’t scare you off. Just the opposite: Now is the […]
Read More…Is the market looking up for you and your real estate business? If not, it should be showing signs of improvement soon according to the latest report issued by Freddie Mac. Although financing rates are certainly not at the lowest they’ve been in the past year, the good news is that the overall market outlook […]
Read More…While rates for mortgages have been edging upwards, they are still at some of the lowest in history. And according to Greg McBride, a senior financial analyst for Bankrate.com, the trend of edging upwards is one that is likely not here to stay. “The U.S. economy is not out of the woods,” he states. “The […]
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