As mortgage rates continue their ascent toward 6%, more and more folks are talking housing market crash. But high interest rates aren’t really a catalyst… Read More »Why You Might Not Want to Get Too Excited (or Nervous) About a Housing Crash
With mortgage rates hovering around 5.5%, there might be the temptation to snag a 30-year fixed at say 4.875%, or 4.99% if a lender offers… Read More »Sometimes It’s Actually Better to Choose the Higher Mortgage Rate
How’s this for a dramatic headline: “Home prices are falling!” But before you get too excited, assuming you’re a prospective home buyer, there are some… Read More »Are Home Prices Falling? The Devil Is in the Details
It’s time for another mortgage match-up folks. Today, we’ll look at 10-year mortgages versus the 30-year fixed mortgage to see how these home loans stack… Read More »10-Year Mortgages vs. the 30-Year Fixed: Are They Worth the Small Discount?
We’ve got 5% mortgage rates and record high home prices. Does this mean the seller’s market is finally over? You would think so, given the… Read More »Now That We’ve Got 5% Mortgage Rates, Is the Seller’s Market Finally Over?
When shopping for a mortgage, it’s very important to pick a suitable loan product for your unique situation. Lately, I’ve been discussing loan programs beyond… Read More »7/1 ARM vs. 30-Year Fixed Mortgage: Pros, Cons, and How Much Cheaper Are They?
We know mortgage rates are projected to keep rising, so what’s a cost-effective solution if you need a home loan today? Well, one idea is… Read More »Is an Adjustable-Rate Mortgage a Good Short-Term Strategy Until Interest Rates Cool Off?
For those new to mortgages, the number five might feel a bit foreign. Over the past decade and even longer, rates on the popular 30-year… Read More »Allow Me to Introduce You to the 5% Mortgage Rate
Two weeks ago, I wrote about how mortgage rates jumped, something just about everyone is aware of. But I also attempted to quantify the actual… Read More »Have Mortgage Rates Peaked?
They say real estate is cyclical, much like the stock market and the wider economy. It ebbs and flows, goes up and down, experiences booms… Read More »Are We Near the Peak of the Current Housing Cycle?
