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April Round Up: Fixed Mortgage Rates Hold Near Record Lows
In Freddie Mac’s results of its Primary Mortgage Market Survey®, average fixed mortgage rates were down slightly and hovering just above their record lows as markets waited for the Federal Reserve’s monetary policy announcement. The 30-year fixed-rate mortgage averaged 3.88 percent and has been below 4 percent all but one week in 2012. The 15-year [...]
Real Estate Outlook: Improving Markets
The latest National Association of Home Builders/First American Improving Markets Index (IMI) numbers show that a total of thirty-five states are now represented. In order to be considered an improving market these metro areas must have shown improvement in housing permits, employment, and home prices for the last six months straight. This data is comprised [...]
It’s Buying Time Again, Big Time
If you’ve got the income. If you’ve got plenty of tenure on the job. If your credit is solid. If you can otherwise pass muster at the mortgage loan desk. If it’s cheaper for you to buy than it is to rent. Yes, there are lots of “ifs,” but it’s one of the best times [...]
Economy Sparks Remodeling: How To Ensure A Successful Project
Economy Sparks Remodeling: How To Ensure A Successful ProjectSpringtime generates a lot of home improvement activity. Many buyers are out shopping for their new home. With the purchase of their home, the desire to remodel often comes next. For others, the drastically fluctuating housing prices are causing homeowners to stay put and that’s causing them [...]
