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.
- 2020 Homebuying ChecklistSome Highlights: If you’re thinking of buying a home, plan ahead and stay on the right track, starting with pre-approval. Being proactive about the homebuying process will help set you up for success in each step. Make sure to work with a trusted real estate professional along the way, to help guide you through the homebuying steps specific to your area. […]
- The #1 Reason It Is Difficult to Find Your Dream HomeThe headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. First-time buyers are taking longer to purchase a home because there is a shortage of homes available for sale […]
- How Buyers Can Win By Downsizing in 2020Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home. Here’s some more good news: mortgage rates are expected to remain low throughout 2020 at […] […]
- 2020 Homebuying Checklist