Article by: Simplifying the Market™Originally Published: May 31, 2018, 10:00 amMortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an additional half of a point by year’s end. Because of this increase in rates, some are guessing that home prices […]
Millennials Are Skipping Starter Homes for Their Dream Homes
Article by: Simplifying the Market™Originally Published: May 30, 2018, 10:00 amA new trend has begun to emerge. With home prices skyrocketing in the starter home category, many first-time homebuyers are skipping the traditional starter homes and moving right into their dream homes. What’s a Starter Home? According to the National Association of Realtors (NAR), simply […]
Why Have Interest Rates Jumped to a 7-Year High?
Article by: Simplifying the Market™Originally Published: May 23, 2018, 10:00 amInterest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors. Sam Khater, […]
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