Home Mortgage Rates: Where are They Headed?
Many readers have asked where interest rates are headed over the next several months. While no one has a crystal ball, we did want to share what some experts are saying on the subject.
HSH.com
“For now, and likely through the summer, we may see da...
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KCM CREW
Thinking of Buying a Vacation/ Retirement Home? Why Wait?
The sales of vacation homes skyrocketed last year. A recent study also revealed that 25% of those surveyed said they’d likely buy a second home, such as a vacation or beach house, to use during retirement. For many Baby Boomers, the idea of finally p...
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KCM CREW
A Home’s Cost vs. Price Explained
We have often talked about the difference between COST and PRICE. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first time or repeat buyer, you must not be concer...
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KCM CREW
Freddie Mac: Doubtful Rates Will Return to Recent Lows
"One thing seems certain: we aren't likely to see average 30-year fixed mortgage rates return to the historic lows experienced in 2012."
- Freddie Mac, March 24, 2014
There are those that hope that 30-year mortgage interest rates will head bac...
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KCM CREW
Buyers: Window of Opportunity Still Open
The Fed recently announced they would continue their current pace of purchasing bonds until the economy was stronger. This bond purchasing program is the reason that mortgage interest rates are at historic lows. Rates began to increase over the last ...
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KCM CREW