Posts Tagged ‘interest rates’

Real Estate Trends That Will Shape 2016

It’s the new year. Get ready to break out the Crystal: We had a great 2015—the best year for housing since 2007. And our forecast here at realtor.com® projects an even better year in 2016. How so? Well, with economic growth chugging along, employment will continue to increase, meaning that people will have more money…

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Home Buyer Rush? Mortgage Applications Surge!

Borrowers were undeterred by the highest interest rates in five months as mortgage applications for home purchases surged 12 percent in the latest week. Home purchase applications are now 19 percent higher than one year ago, the Mortgage Bankers Association reports. “This was despite the fact that mortgage rates reached their highest level since July,”…

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Low Mortgage Rates in Oxford Michigan Are Lingering

This weeks mortgage article from RealtorMag, Low Mortgage Rates Are Lingering, discusses continued yearly lows… The average percentage rates for fixed-rate mortgages inched up slightly this week, but continue to hover near yearly lows. Mortgage Rates’ Impact: These Analysts Are Still Bullish on Housing Economists Grow More Optimistic About Housing’s Outlook Understanding and Combatting the Rate Lock-in…

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Mortgage Rates Sink to New Low in Metamora For 2014

New mortgage article in RealtorMag dated 08/22/2014, talks about fixed rate mortgages continue to tumble. Mortgage Rates Sink to New Low for 2014 is worth reading… Despite predictions that mortgage rates were to inch up in the second half of this year, fixed-rate mortgages continue to tumble. Borrowing costs moved lower this week, as the 30-year fixed-rate…

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Rates May Rise Sooner Than Expected

Interest rates may rise sooner than expected, according to the Federal Reserve this will hinge on the labor market, new article in the RealtorMag dated 07/16/2014 quoted Janet Yellen…… Federal Reserve Chairwoman Janet Yellen said that the Fed may need to raise interest rates sooner than expected, but it all will hinge on the labor…

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