Article by: Simplifying the Market™Originally Published: May 24, 2018, 10:00 amIn this extremely hot real estate market, some homeowners might consider selling their homes on their own which is known as a For Sale by Owner (FSBO). They rationalize that they don’t need a real estate agent and believe that they can save the fee […]
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, […]
How Current Interest Rates Can Have a High Impact on Your Purchasing Power
Article by: Simplifying the Market™Originally Published: May 22, 2018, 10:00 amAccording to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but […]
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