In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December … [Read more...]
How Long Will Mortgage Interest Rates Stay Low?
Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last … [Read more...]
Mortgage Interest Rates Hit New 12-Month Low!
According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results … [Read more...]
Mortgage Interest Rates are Increasing Fast for Home Buyers. Now What?
Let's first look at what is happening with mortgage interest rates? If you are actively looking to buy a home, then you probably already know that mortgage rates spiked upward in November. But if you are casually thinking about … [Read more...]
