Mortgage rates have been on the rise over the years, making it an unsustainable option for most Americans who would like to own a home. Transunion, one of the credit reporting agencies, predicts a significant rise in rates on 30-year mortgages, by as much as 5%. Another deterrent for most people looking to own homes
Buyers Have the Best of Both Worlds
May 25, 2015 by
Buyers may not understand it but now is most likely the best time they will have to buy a home for many years to come. Yes, they would have done better to buy over the past four years while home prices and interest rates were lower but many couldn’t qualify for a loan. Today, home
Americans Lose Interest in Home Ownership
April 20, 2011 by
What with the lowest housing prices in a generation, you would think that anyone in a position to buy a home would jump at the chance. But in fact, as Victoria Pauli concurs, the housing collapse has made many people think twice about home ownership.
