What’s the Latest with Mortgage Rates?

Recent headlines may leave you wondering what’s next for mortgage rates.

Recent headlines may leave you wondering what’s next for mortgage rates.
Are big investors really buying up all the homes today?
If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home prices and mortgage rates.
There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive.
Based on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment.
Some Highlights According to the latest data from CoreLogic, the average homeowner gained $64,000 in home equity over the past 12 months. That much equity can be a game-changer when you move. When you sell, it could be some (if not all) of what you need for a down payment on your next home. To…
Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from.