Mortgage Rates Shrink for First Time in Four Weeks
Tuesday, 10 March 2015
Mortgage Rates Shrink for First Time in Four Weeks RISMEDIA, Friday, March 06, 2015— Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving lower for the first time in four weeks and remaining near late May, 2013 lows. “Mortgage rates fell across the board, with
- Published in Around the Area, Home Buyers
Rent Versus Buying – Rate Sheet for August 15th 2014
Wednesday, 20 August 2014
Is it financially better to buy a home or to rent? The answer to this question depends upon how much the home costs, how much you are paying for rent, and how much you will have to pay each year in order to maintain your home. If you were to pay $2,100.00 per month, for
- Published in Around the Area, Home Buyers
Analysts say Mortgage rates will stabilize soon
Tuesday, 25 June 2013
Analysts say that the American mortgage sale is finally coming to an end. Mortgage rates on home loans are likely to remain modest, but the ultra-low borrowing costs that helped millions of homeowners to refinance and helped revive the housing market are quickly fading away. Rates on 30-year fixed mortgages hit 4.25 percent on Thursday,
- Published in Home Buyers
Mortgage market insight on recent upward trend on mortgage rates
Thursday, 06 June 2013
Below is some good information from a secondary marketing director at a mortgage company. It may be a bit lengthy, so grab a cup of coffee or tea before you start reading, it is a very good summary of what has been going on with mortgage rates increasing in recent weeks. As you’ve been well
- Published in Home Buyers
What will 2012 bring for the housing market?
Thursday, 29 December 2011
After 14 months of job gains, the economy is expected to continue its slow but determined recovery. Here’s what else to expect in 2012 and what it means for agents and the real estate market; Delinquencies will go down, but foreclosures will go up. Fewer borrowers will fall behind on their payments next year, thanks
- Published in Uncategorized
Interest Rates Are Plummeting; Time to Invest in Real Estate!
Monday, 08 August 2011
Have you been thinking about buying your 1st home? Upgrading to a larger home or living in a different school district? Investing in a vacation home or an investment property? If you’ve been waiting for the best time to do it, NOW is that time. Interest rates are continuing to fall (as low as 4%
- Published in Home Buyers
Buyers Ready to Snatch Bargains This Spring
Sunday, 10 April 2011
Bargain prices on housing combined with low interest rates below 5 percent may bring the real estate market its busiest spring season in years, economists say. Distressed sales continue to put downward pressure on home prices, which may lure more buyers off the fence and ready to snag a deal during the typical prime-time buying
- Published in Home Buyers
Why “Now” is the time to buy!
Thursday, 10 February 2011
•Mortgage rates continue to be at or near historical lows •Low rates and recalibrated home pricing is driving the highest level of “home affordability” in the history of this index •The challenge to the buying opportunity created by high affordability is relatively low consumer confidence given the economic recovery we are in •High affordability struggles
- Published in Uncategorized
Projected Mortgage Rates in 2011
Saturday, 08 January 2011
Mortgage rates in the Philadelphia area are starting to increase, however this may actually create a great opportunity to buy a home. The mortgage rates in 2010: 5.25% – 1/1/2010 4.25% – 11/30/2010 5.25% – 12/15/2010 4.75% – 12/31/2010 4.875% – Today So a $300,000.00 mortgage has ranged from $1,650.00 down to $1,471.00 last year. That
- Published in Uncategorized
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