Mortgage Rates
Predicting Rising Interest Rates Interest rate changes are difficult to predict and many people have questions about how it will affect their investments. It brings up the question of how sensitive the housing market is to rising interest rates. It is not surprising that home sales remain sensitive to rising interest rates. Even a slight…
Here is some interesting insight into predictions for the 2015 Housing Market. Up, Down, Where is it Now? The percentage of distressed properties in the market are lower. For the most part, inventory is up, the median list price of homes on the market are fluctuating, and there is still a great deal of interest…
Right now is a great time to buy a home. The interest rate you pay on a mortgage matters a lot when it comes to the ultimate price of the American dream. Let’s assume you buy a $250,000 house by making a 20% down payment and financing the rest with a 30-year fixed-rate mortgage. At…
Owning a home is a keystone of wealth… both financial affluence and emotional security.