Does the past predict the future? I found this interesting, the past 4 major interest rate shifts higher did just the opposite to home values. I have clients asking will the bubble in home prices burst? What bubble I say.
Real Estate with Tyson- How Current Interest Rates Can Have a High Impact on Your Purchasing PowerAccording to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power. Purchasing powe […]
- Don’t Wait to Sell Your House! Buyers Are Out NowRecently released data from the National Association of Realtors (NAR) suggests that now is a great time to sell your home. The concept of ‘supply & demand’ reveals that the best price for an item is realized when the supply of that item is low and the demand for that item is high. Let’s see how […]
- Is Your First Home Within Your Grasp Now? [INFOGRAPHIC]Some Highlights: According to the US Census Bureau, ‘millennials’ are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and more ‘old millennials’ (25-36) are realizing that homeownership is within their grasp now!
- How Current Interest Rates Can Have a High Impact on Your Purchasing Power
