Freddie Mac reports that the 30-yr fixed rate is at 4.53%. To obtain that rate, a borrower would have to pay 0.7 in points/fees. Most economist feel that rates will trend into the low 5% range by 3rd quarter 2014, slowly inching up as Tapering continues.
- 4 Reasons to Sell This Summer [INFOGRAPHIC]Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Perhaps the time has come for you and your family to move on and start living the l […]
- Homes are More Affordable in 44 out of 50 StatesWith both home prices and mortgage rates increasing this year, many are concerned about a family’s ability to purchase a major part of the American Dream – its own home. However, if we compare housing affordability today to the average affordability prior to the housing boom and bust, we are in much better shape than […]
- 3 Issues Facing Today’s Real Estate MarketLast week, the National Association of Real Estate Editors (NAREE) held their 52nd Annual Journalism Conference in Las Vegas, NV. Among the many highly anticipated sessions was one called “Top Ten Issues Affecting Real Estate™,” given by Joseph Nahas, Jr., Chair of the Counselors of Real Estate & Senior Vice President of Equus Capital Partners. […] […]
- 4 Reasons to Sell This Summer [INFOGRAPHIC]