The Takeaway: The most recently released Quarterly Home Price Index report by the Federal Housing Finance Agency (FHFA) indicates that homes prices have risen an average of 6.64% nationally, Year- over-Year. The results were compared both on a regional and state level. West Virginia & Alaska were the ...
Continue ReadingThe Takeaway: Even without perfect credit, you may likely already qualify for a home loan. Establish with your Lender what price range of home for which you are able to qualify , prior to looking at homes. Many Buyers are able to purchase a home with as little as a ...
Continue ReadingHere 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 ...
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