mortgage interest rates: Ready Set, BUY! 4 Financial Reasons to Buy a Home NOW!
- 04/26/11 08:28 AM
Spring means it’s time for change, and oftentimes, people interested in shopping for a new home start to do their homework as the warm weather creeps in with its promise of brighter days ahead. Thinking about buying a home or selling yours for a different model or location? Here are four financial reasons that this spring season is the absolute BEST time to buy a home: Bye-Bye Low Interest Like all good things, this too must end. The historically low mortgage interest rates have hit the bottom and are now again on the rise. With almost a ¾ percent increase in … (2 comments)
mortgage interest rates: Going, Going…Not Quite Gone. Foreclosure Stats Finally Begin to Dwindle.
- 04/08/11 09:14 AM
It seems a long time that the words phrase “foreclosure rates” has been a regular part of any real estate professional vernacular, and despite the recent slowdown in foreclosure rates, we are far from seeing an end to them. Bank filing errors from robo-signing and MERS have slowed down the foreclosure processes enough to cause a bit of a lull in the foreclosure market. In a recent report from Office of Thrift Supervision covering Mortgage Metrics, the following numbers noting completed foreclosures for the last 4+ quarters were shown:
That being said, knowing that the market still has foreclosures to … (0 comments)
Spring means it’s time for change, and oftentimes, people interested in shopping for a new home start to do their homework as the warm weather creeps in with its promise of brighter days ahead.
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