Blogs Tagged: mortgage rates

Six Top Reasons Your Home Has Not Sold

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?
 

30 Year Fixed Drops Again!

Posted On: Friday, July 9, 2010 - 10:48am | Posted By: maronowitz
Topics: Buyers and Sellers

Just this past Friday morning rates have gone down some more:


Daily Real Estate News  |  July 9, 2010  |  

Mortgage Rates Tumble to 40 Year Lows

Posted On: Friday, July 2, 2010 - 12:19pm | Posted By: robrogers
Topics: Market Statistics

Inman News reports that mortgage rates tracked in Freddie Mac's weekly rate survey hit record lows for the second time in a week.  With rates so low, coupled with a typical summer slump in the housing market, this is the perfect opportunity for buyers to afford more house for less money.  Many buyers are so fixated on the prices of the houses that they don't recognize that the affordability of their home is even more driven by the interest rates they are paying on their mortgage.

Mortgage Rates from the 1950s

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.