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Six Predictions for the 2018 Housing Market
New Home Sales Take on Housing Inventory Shortages November 29, 2017 | Kelsey Ramírez In the housing economics field, experts have predictions for major shifts moving into 2018. This will include an ease in the housing inventory shortage as well as adjustments to mortgage rates. The latest report from realtor.com shows the market will also begin to see more manageable increases in Continue reading...
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Mortgage Rates Fall to Lowest Rates
Mortgage Rates Fall to Lowest Rates Mortgage rates are EXTREMELY important to those of us who want to be homeowners. Most mortgages are over a thirty year period, meaning that (for better or worse) we pay a mortgage for most of our lives. The week of October 12, Freddie Mac said that the average 30-year fixed mortgage rates were 3.97% Continue reading...
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Interest Rates Affect a Buyer’s Purchasing Power
Interest Rates Affect a Buyer's Purchasing Power Interest rates play a huge part in the home buying process. Earlier this month, Freddie Mac reported that mortgage lenders were offering a 30-year fixed home loan to qualified borrowers at an average of 4.23%. While this figure is down 2% from Q4 of 2013, economists are predicting that the average mortgage rate Continue reading...
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