Interest Rates

What If I Wait A Year to Buy a Home?

Posted by Monica Foster On December 10, 2018 In General Information

National home prices have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many buyers to enter the market and lock in low rates. As a [...] Read More

Monica Foster December 10, 2018

Where Are Interest Rates Headed in 2019?

Posted by Monica Foster On December 5, 2018 In General Information

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when [...] Read More

Monica Foster December 5, 2018

Why Has Housing Supply Increased as Sales Have Slowed Down?

Posted by Monica Foster On November 7, 2018 In General Information

According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes [...] Read More

Monica Foster November 7, 2018

2 Factors to Watch in Today’s Real Estate Market Whether Buying or Selling

Posted by Monica Foster On October 3, 2018 In General Information

When it comes to buying or selling a home there are many factors you should consider. Where you want to live, why you want to buy or sell, and who will help you along your journey are just some of [...] Read More

Monica Foster October 3, 2018

Mortgage Interest Rates are Still Going Up… Should You Wait to Buy?

Posted by Monica Foster On October 2, 2018 In General Information

Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates to rise another quarter of a [...] Read More

Monica Foster October 2, 2018

Posted by Monica Foster On September 28, 2018 In General Information

Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to [...] Read More

Monica Foster September 28, 2018

Where Are Mortgage Interest Rates Headed In 2019?

Posted by Monica Foster On September 25, 2018 In General Information

The interest rate you pay on your home mortgage has a direct impact on your monthly payment; the higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when [...] Read More

Monica Foster September 25, 2018

What Does the Future Hold for Home Prices?

Posted by Monica Foster On September 6, 2018 In General Information

Home prices are at the top of everyone’s minds. Can they maintain their current pace of appreciation? Will rising mortgage rates negatively impact home values? Will the next economic slowdown cause prices to crash? Let’s try to answer these questions [...] Read More

Monica Foster September 6, 2018

Rent or Buy: Either Way You’re Paying A Mortgage!

Posted by Monica Foster On August 27, 2018 In General Information

There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either [...] Read More

Monica Foster August 27, 2018

Posted by Monica Foster On August 17, 2018 In General Information

Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Rates are still low right [...] Read More

Monica Foster August 17, 2018

Archives