Interest Rates

Don’t Wait to Sell Your House; Buyers Are Out Now

Don’t Wait to Sell Your House; Buyers Are Out Now

Recently 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… Read more ⇢
Current Interest Rates Can Have a Big Impact on Purchasing Power

Current Interest Rates Can Have a Big Impact on Purchasing Power

According 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… Read more ⇢
New Conforming Loan Limits

New Conforming Loan Limits

Good news: on November 23, the Federal Housing Finance Agency announced new maximum conforming loans limits for 2017 which, for the first time since 2006, have been increased. The increased loan… Read more ⇢
No-Fear Mortgage Process for 2017

No-Fear Mortgage Process for 2017

A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainty about the buying process. A specific cause for concern tends to be… Read more ⇢
The Bank that Rejects the Most Mortgages

The Bank that Rejects the Most Mortgages

A home loan refused by one bank might be approved by another The likelihood that a mortgage application will be approved varies widely by bank. Home-buyer rejection rates ranged from… Read more ⇢
Home Buyers Outlook:  What Does the Stock Market Mean For Interest Rates?

Home Buyers Outlook: What Does the Stock Market Mean For Interest Rates?

The headlines for the past week have been about the stock market’s ups and downs. The “downs” have been much more prevalent than the “ups”, as the world tries to figure… Read more ⇢
7 Steps to Take Before You Buy a Home

7 Steps to Take Before You Buy a Home

Most potential home buyers are a a little bit daunted by the fact that they’re about to agree to take on a mortgage that they’ll be paying for the… Read more ⇢
Thinking Of Selling? Now May Be The Time

Thinking Of Selling? Now May Be The Time

It is common knowledge that a large number of homes sell during the spring buying season. For that reason, many homeowners hold off putting their home on the market… Read more ⇢
3 Questions to Ask Before Buying a Home

3 Questions to Ask Before Buying a Home

If you are thinking about purchasing a home right now, you are surely getting a lot of advice. Though your friends and family have your best interests at heart,… Read more ⇢
Ask The Expert: Short Sales; Buy Now or Wait?

Ask The Expert: Short Sales; Buy Now or Wait?

Q. I have heard that, as a buyer, I should stay away from short sales. Are they really that bad? In my price range, there seems to be nothing… Read more ⇢
Timing the Bounce in 2010

Timing the Bounce in 2010

It seems that Realtors always say, “Its a great time to buy!”, but I like to think about it from a logical, rational perspective.  Historically, real estate is cyclical,… Read more ⇢
Today’s housing market – Why it may be time to buy.

Today’s housing market – Why it may be time to buy.

Everyone is aware of the challenges the housing market faces on a national level, but for savvy buyers, the long-term benefits of home ownership and the opportunities… Read more ⇢
Buyers and Refinance: Credit Bulletin ALERT

Buyers and Refinance: Credit Bulletin ALERT

Available Now: New Conforming Loan Limits of $729,750 The maximum amount for conforming fixed loan limits through government-sponsored programs (Fannie Mae and  Freddie Mac) has officially been… Read more ⇢
Lenders Compete for Borrowers as Credit Markets Improve

Lenders Compete for Borrowers as Credit Markets Improve

What does that mean for the real estate market? The good news is that the mortgage market and other aspects of the credit markets have seen vast amounts of money being… Read more ⇢
Loan Modifications Explained

Loan Modifications Explained

With all the talk in recent months about financial stimulus and bailouts, a new term has come to the forefront of homeowner’s vocabulary: loan modification. But what exactly does… Read more ⇢

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