Article by: Simplifying the Market™Originally Published: June 21, 2018, 10:00 amWith both home prices and mortgage rates increasing this year, many are concerned about a family’s ability to purchase a major part of the American Dream – its own home. However, if we compare housing affordability today to the average affordability prior to the housing […]
Will Home Prices Fall as Mortgage Rates Rise?
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 […]
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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