Freddie Mac reports that the rate for a 30-yr fixed conventional rate was 3.54% in the latest week – to obtain that rate, a 0.8 point would have to be paid.
- Are You Aware of How Much Equity You Have in Your Home? You May Be Surprised!CoreLogic’s latest Equity Report revealed that 675,000 US homeowners regained positive equity in their homes in 2017. This is great news for the country, as 95.1% of all mortgaged properties are now in a positive equity situation. “U.S homeowners with mortgages (roughly 63% of all the properties) have seen their equity increase by a total of $908.4 billion [ […]
- Dreaming of a Luxury Home? Now’s the Time!If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report which showed that in today’s premium home market, buyers are in control. The inventory of homes for sale […]
- The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Rates are still low right now. Don’t wait until rates hit 5% to start searching for your dream home!
- Are You Aware of How Much Equity You Have in Your Home? You May Be Surprised!