Interest Rates

Jan. 18, 2019

What Is The Cost of Waiting to Buy Next Year?

 

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% by the end of 2019 ...
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Jan. 1, 2019

Where Is The Housing Market Headed In 2019?

Some Highlights:

  • ­Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes!
  • Home prices will rise at a rate of 4.8% over the course of 2019 according ...
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Dec. 28, 2018

How To Save Thousands Of Dollars In Interest On Your Mortgage

 

One of the most common loans you can get to buy a home is a 30-year fixed rate mortgage. If the thought of paying for your home over the course of 30-years seems daunting, here are some easy ways to shorten that term which will actually end up saving ...

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Oct. 27, 2018

Mortgage Interest Rates Are Still Going Up… Should You Wait To Buy?

 

Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates to rise another quarter of ...

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Posted in Interest Rates