Early, alarming predictions for a dramatic surge in mortgage rates in 2018, have so far fallen flat. True, home buyers have seen incremental increases in rates for home loans since January, but in more of a one-step-forward-and-two-steps-back pattern. I’m cautiously optimistic that this might continue for three significant reasons. First, the country’s economy appears to… Read More
Texas has long been the bar against which all other Real Estate markets were measured. But recently the Phoenix Valley in Arizona, or to be more precise Maricopa County burst that particular bubble, and with style I might add. The influx of new residents to the Valley of the Sun has always been fairly consistent…. Read More
Fed in No Hurry to Raise Rates Again… for Now. As of today, mortgage rates are running on average 4.25 – 4.35 for 30-year fixed and 15-year fixed are ranging from 4.313 to 4.445, and though higher than a few weeks back, still remarkably reasonable. A few online banking systems are reporting lower rates however… Read More
While recent data darkened the growth outlook for the first quarter, April data has experts predicting housing will maintain its momentum in 2016 and be an economic engine of growth. This insight comes from data recently released by Freddie Mac. The report shows that recent declines in mortgage rates have also boosted refinance potential. “We’ve… Read More
By Barbara Pronin If you or someone you know will graduate with bachelor’s degree next spring, it’s time to spruce up your resume. A national recruiting trends survey administered by Michigan State University indicates the job market will be strong for 2016 graduates, with hiring expected to increase a minimum of 15 percent over last… Read More
