Here are just a few of the reasons why waiting to buy is likely not in your best interest: 1. Mortgage Interest Rates Are Projected to Increase Freddie Mac’s mortgage survey indicates that interest rates for a 30-year mortgage have hovered around the 4.2% mark over the last two months. ...
Continue ReadingThe Takeaway: In looking at Freddie Mac’s prediction that we will see the mortgage interest rate increase to about 4.8% by this time next year, coupled with CoreLogic’s prediction of a 4.8% rate of appreciation in home prices,, one can clearly see that now is the time to make a ...
Continue ReadingThe Takeaway: Daylight Savings Time begins this Sunday, March 12th at 2:00 AM EST, so be sure to set your clocks forward, unless you reside in Arizona or Hawaii! Every hour in the United States, according to NAR & Corelogic: 649 homes are sold, 177 homes regain equity (meaning ...
Continue ReadingThere has been quite a bit of chitchat regarding the rate at which home prices have been rising. As previously mentioned, the vast majority of the US is experiencing a distinct home supply shortage. This of course means that Buyer Demand is far outpacing current Seller Supply. If you are ...
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