See how homeowners have been impacted by changing mortgage interest rates and learn how to prepare for the future real estate market.
Mortgage interest rates are currently 20% below where they were one year ago, so what does that mean for home affordability for buyers in today’s market?
With a strengthening economy and the Fed raising rates in order to deter inflation, one has to wonder how it will impact the present and future of the housing market.
If you believe that mortgage interest rates have the potential to rise during your home search, you should establish a window of time to protect yourself against being negatively impacted by the mortgage market. Here is what I mean.
The fact that mortgage interest rates are on the rise means that homebuyers can expect to have higher monthly mortgage payments in the future (versus what they would pay if they purchased and borrowed funds today). But there is another factor working
Now that Donald Trump has cleared the Electoral College and will be our next President, there are some signs that assure us that mortgage interest rates will continue to rise beyond what we have already seen.
Reader asks ‘interests rates just made a move. Would you give us an idea of what the recent rise in interest rates means for the Tallahassee market equilibrium?’
The next housing bubble could very well be tied to the intersection of rising cost of construction and rising mortgage interest rates
When it comes to comparing interest rates for a mortgage loan, home buyers often have the option of choosing a loan with a lower interest rate by paying
Yesterday’s blog article pondered whether somebody should buy a home today at possibly a higher price, yet almost certainly lower interest rates, in order to take
Yesterday the Federal Reserve announced a $500 billion commitment to purchase mortgage back securities (MBS) and a $100 billion commitment to purchase debt
Tell us where to send the Weekly Market Report. Each issue explains one shift in the Tallahassee market, like why nearly three in ten Leon County home buyers are paying cash.
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