Buyers hesitate on mortgages as interest rates spike

With interest rates creeping upwards last week, some home shoppers are showing signs of concern and holding off from making a purchase.

How will the Fed’s latest interest rate hike impact housing?

The Federal Open Market Committee announced in its highly anticipated December meeting that it is finally raising the federal funds rate for the first time since exactly a year ago.

What Do Low Interest Rates Mean for the Market?

Unless you’ve been hiding under a rock for the past 4 years chances are that you’ve heard a lot in the news about our country’s floundering real estate market. First there was the bubble, then an all out crash in some markets, and now we’re slowly but surely trying to measure a come-back with home inventories falling by almost 20% in April

Mortgage Secrets That They Hope You Don’t Know

When the typical home buyer buys their first home, they take out a loan. This loan is commonly referred to as a “mortgage”. First time home buyers don’t usually give much thought to what is actually happening when they borrow money from a lender to purchase their home

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