Tag Archives: mortgages

For 10 Weeks, Mortgage Rates Stay Below 4%

Daily Real Estate News | Friday, October 02, 2015 Thirty-year fixed-rate mortgages continue to hold below 4 percent, often an attractive lure for home buyers and refinancers. “In contrast to the volatility in equity markets, the 10-year Treasury rate — … 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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Mortgage Rates Sink to New Low in 2014

Daily Real Estate News | Friday, August 22, 2014 Despite predictions that mortgage rates were to inch up in the second half of this year, fixed-rate mortgages continue to tumble. Borrowing costs moved lower this week, as the 30-year fixed-rate … Continue reading

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New Mortgage Rules In Effect

Starting January 10th, 2014, new rules will be instated designed to help make mortgages safer. Unfortunately, these new rules come at a difficult time as fewer homeowners are refinancing and could result in less choice for borrowers. With lending already … Continue reading

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Home Affordable Modification Aid Extended

The main Obama administration initiative, Home Affordable Modification Program (HAMP), designed to give aid to borrowers having trouble paying their mortgage payments, has been extended until the end of December 2015. This will give homeowners an additional two years to … Continue reading

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The Five Year Rule

One thing you should always ask yourself before you purchase a home is how long you plan on living there. The answer to that depends on your geographic area as well as the neighborhood you intend to purchase in. The … Continue reading

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New Homes versus Existing Homes

If you are like most buyers out there, you are wavering back and forth on whether or not to purchase a brand new home or go with an existing home. There are pros and cons to both, so here is … Continue reading

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Should You Settle or Wait to Purchase

With mortgage rates and home prices on the rise, you may be asking yourself whether or not you should just settle for purchasing whatever home is available or wait a little longer and risk paying more. Well, it depends on … Continue reading

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