Rising home prices are taking a toll on today's home buyers. For the first time in 4 quarters -- and despite falling mortgage rates -- home affordability is sinking. Earlier … [Read more...]
Home Purchasing Power Jumps To New Highs
07/10/2012 By
With mortgage rates down to all-time lows, you can buy a lot more home for your money. Home affordability is at an all-time high. According to last week's Freddie Mac mortgage rate … [Read more...]
Mortgage Payments Fall To All-Time Lows
06/12/2012 By
It's a money-saving time to be a home buyer. Historically, mortgage rates of all types -- conventional, FHA, VA and USDA -- have never been lower and low mortgage rates make for … [Read more...]
30-Year Fixed Rate Mortgage Rates Fall To 3.78% Nationwide
05/25/2012 By
For the fifth consecutive week, conforming 30-year fixed rate mortgage rates have dropped to new all-time lows. According to this week's Primary Mortgage Market Survey from Freddie … [Read more...]
Home Affordability Reaches New High In Q1 2012
05/22/2012 By
Falling mortgage rates and stagnant home prices are making a positive effect on home affordability nationwide. Never before in recorded history have so many homes been affordable … [Read more...]
Make A Mortgage Rate Plan Ahead Of The Jobs Report
05/03/2012 By
Been shopping for a mortgage rate? You may want to lock something down. Tomorrow morning, mortgage rates are expected to change. Unfortunately, we don't know in which direction … [Read more...]
Mortgage Rates Climb Sharply After Retail Sales Report
03/15/2012 By
The U.S. economy is expanding, fueled by a renewed consumer optimism and increased consumer spending. As reported by the Census Bureau, Retail Sales in February, excluding cars and … [Read more...]
Home Affordability Reaches An All-Time High
03/06/2012 By
Home affordability moved higher last quarter, boosted by the lowest mortgage rates in history, a rise in median income, and slow-to-recover home prices throughout the country. … [Read more...]
With Retail Sales And Consumer Confidence Rising, Home Prices Are Expected To Follow
02/15/2012 By
The U.S. economy continues to show signs of a rebound. According to the Census Bureau, Retail Sales climbed to $329 billion last month on a seasonally-adjusted basis, excluding … [Read more...]
Home Affordability Still Tops Nationwide
09/09/2011 By
Home affordability slipped slightly last quarter, dragged down by rising mortgage rates and recovering home prices nationwide. The National Association of Home Builders reports a … [Read more...]
