Interest rates are so low and homes are so affordable right now, that many people are rushing to buy a home before interest rates start to rise. Although it is a great time to buy, and there are some low down payment mortgage loan…
If you are considering buying a home, then you are are almost certainly going to want to find financing for your purchase. In fact, a smart home-buyer will have done their financing research before they start looking for the home of their dreams. Showing…
Although the New York economy is experiencing its problems with high unemployment numbers and a tough credit market, the Manhattan housing market is seeing great improvements. Low interest rates and affordability have fueled prices and sales increases all over the Big Apple. Now is…
The depressed prices in the real estate market are not only creating a great opportunity for American home buyers, but foreign buyers are flooding the United States real estate market like never before. The reduced value of the dollar has opened up the real…
Home buyers… receive the gift! Right now we’re looking at historically low interest rates, the most affordable home prices in years, what looks fast approaching bottom of the real estate market in general, improved buyer confidence, an $8000 first time buyer tax credit, and…
Things that are rising… The National Association of Realtors says February existing home sales rose 5.1% over January (The largest sales jump since July 2003) February’s median home sale price rose a bit from January (which showed the lowest median price since September 2002)…
Are we there yet? Anyone with a child who is old enough to speak has heard these words a thousand times – usually from the back seat of the car. And anyone who’s heard that question asked over and over and over again knows…
Freddie Mac began a weekly mortgage rate survey in 1971. This week the survey reports that national average interest rates for a 30 year mortgage have fallen to the lowest rate since the survey began – 4.96%. A year ago that same loan averaged…
I was looking at some website traffic trends today and something I saw really jumped out at me. Last year, visitors to websites like Realtor.com and Zillow.com that are often used by real estate buyers and sellers saw fairly level activity up until the middle…
Consider these Federal Policy moves: 1. This week, the Federal Reserve lowered interest rates to their lowest level since June of 2005 2. The Federal Reserve unveils a plan last week to buy up $500 billion of mortgage securities backed by government sponsored entities…
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