According to Freddie Mac’s Primary Mortgage Market Survey, 30-year fixed mortgage rates are at their lowest levels since January of last year. The average rate as of yesterday’s report was
According to Freddie Mac’s Primary Mortgage Survey fixed rate mortgages have reached a 12 month low. And to think that everyone was panicking about rising mortgage rates just a couple
First American Chief Economist Mark Fleming discusses rising mortgage rates on CNBC. Mark provides a calm and cool perspective on why we shouldn’t panic about rising rates. Mark Fleming talks
Every time the Federal Reserve raises interest rates we have a mini panic in the real estate industry. Concerned buyers worry that they cannot afford to buy their dream home
15 months ago the Federal Reserve approved an increase in the federal funds rate. That was their first increase since 2006. Since then the Fed has made 2 additional rate
Lawrence Yun is the chief economist for the National Association of REALTORS®. Among other interesting projections in this brief 6 minute interview, Mr. Yun projects mortgage interest rates will rise to
Developers in South Florida continue to build new and exciting projects, mostly in the waterfront condominium category. Understanding the differences between the various projects and the developers behind them is
Most people only follow one or two resources for their news and frequently the only real estate data we see is on a national level. When evaluating real estate buy
According to a recent Florida Association of REALTORS® news release, due to new TRID disclosure laws it takes about one week longer to close a loan than it did prior
The Federal Open Market Committee (FOMC) approved an increase of the federal funds rate this week, the first increase since 2006. “Given the economic outlook, and recognizing the time it
12 Straight Weeks Below 4% Mortgage rates have stayed below 4% for 12 straight weeks. When will rates go up? Nobody knows for sure, but its only a matter of
When the real estate recovery started over 3 years ago it was hard to accept the good news, especially since we were still in the middle of a recession. Looking
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