Posted On: Thursday, February 2, 2012 - 4:58am | Posted By: dianehourany
Topics: Buyers and Sellers
Although the economy is doing moderately well, unemployment remains high and housing in most of the country is still doing poorly. The Fed has announced that it will not raise interest rates until the end of 2014.
Posted On: Sunday, July 24, 2011 - 10:24am | Posted By: dianehourany
Topics: Buyers and Sellers
Mortgage interest rates are near a record low and people are buying
homes every day. So, why is it that some homes sell right away while
others sit on the market for months and months?
Posted On: Sunday, March 6, 2011 - 9:56am | Posted By: kevinkoerner
Topics: Market Statistics
According Freddie Mac, the average price for a 30-year loan dropped from 4.95% to 4.87% and 15-year loans dipped .07 to 4.15%. Unfortunately, this rate improvement did little to improve the struggling housing market.
Posted On: Friday, September 17, 2010 - 12:58pm | Posted By: robrogers
Topics: Market Statistics
In this article published by Inman News today, Fannie Mae reports that 7 out of 10 Americans believe this is a good time to buy. And why not? With interest rates at 40 year historic lows and prices in San Francisco lower than they have been in several years, affordability has never been greater!
Posted On: Sunday, June 27, 2010 - 9:03am | Posted By: dianehourany
Topics: Buyers and Sellers
Ask your mother what the interest rate was when she bought her first home. For that matter, ask your grandmother. Chances are they were the same as they are now, more than 50 years later. Seldom is there a perfect storm of cheap money, plenty of homes to choose from, and motivated sellers as there is now.