Category Archives: Mortage/ Finance News

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Mortgage Rates Reverse Course, Inch Higher

Daily Real Estate News | Friday, March 04, 2016 For the first time in two months, mortgage rates edged higher this week. “Treasury yields approached their highest level in a month, boosting the 30-year mortgage 2 basis points this week … Continue reading

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Mortgage Rates Are Staying Below 4%

Daily Real Estate News | Friday, October 16, 2015 Interest rates may remain lower longer than originally expected. The Federal Reserve released recent comments that suggested it may continue to hold off in raising short-term interest rates and weaker-than-expected consumer … Continue reading

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New Mortgage Rules Soften Loan Demand

Daily Real Estate News | Wednesday, October 14, 2015 The rate of mortgage applications has been volatile in recent weeks: The latest numbers show applications dipped 27.6 percent week-over-week on a seasonally adjusted basis for the week ending Oct. 9, the … Continue reading

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Mortgage Rates Edged Higher This Week

 Daily Real Estate News | Friday, September 04, 2015 The 30-year fixed-rate mortgage averaged 3.89 percent this week, up slightly from 3.84 percent last week, on the heels of global economic turmoil and a lack of new information on The … Continue reading

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Distinctive Real Estate Statistics 6-15-15

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Intereste Rates Projections

All of the experts are predicting 6.5 % interest by end of 2014. The Fed announced last month that they would be pulling back some of their stimulus package which has helped the housing market by keeping long term mortgage … Continue reading

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Economy Heats Up

Affordability is expected to take a hit next year as home prices and interest rates continue to head up. The upbeat real estate market news we received in 2013 presents some challenges for the year ahead. An influx of buyers … Continue reading

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Beware of This Deed Scam

If you’ve recently purchased a home, a scam may try to trick you out of more than $80. Gitte Laasby at the Milwaukee Journal Sentinel recently reported on scammers contacting new home buyers with a seemingly legitimate solicitation offering to send a … Continue reading

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Mortgage Rates Tick Up For Second Consecutive Week

Mortgage rates across the United States have risen slightly for a second consecutive week. The average rate on a 30-year fixed mortgage inched up to 4.33 percent from 4.28 percent last week, according to the latest survey from mortgage buyer Freddie Mac. … Continue reading

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