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mortgage: TOP STORY: Rates Creep Up - 07/14/08 06:59 AM
TOP STORY: Rates Creep Up
A recent survey and a rate increase could mean more competition for homes
Recent indication is that first time home buyers are getting tired of sitting on the sidelines. According to a recent online poll taken by the National Apartment Association, 17 percent of renters plan to make the jump to home ownership in the next year; 41 percent of the 2,041 respondents planned to be home owners within two years. Only 31 percent planned to still be paying rent five years from now.
Another factor that could very soon contribute to an increase … (3 comments)

mortgage: What Interest Rates Really Mean - 06/09/08 08:18 AM
What Interest Rates Really Mean
The Fed did this! The Fed did that! Rates are up! Rates are down! Aaaagggh! Okay, now exhale.  In turbulent economic times the media can't wait to report what interest rates are doing.  Pundits prognosticate, forecasters forecast and soothsayers sooth.  When should you buy a home based upon interest rates and when is it the right time?
The fact is that interest rates, while important, have little impact when it comes to buying a home.  Alright, alright, I'll admit: it's important...but it's not a deal-killer.
There is a fixation on what rates are doing.  A … (0 comments)

 

Nathanson Brothers - Dan and Michael

Boca Raton, FL

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Keller Williams Realty Boca Raton, Florida

Address: 3200 N Military Trail, Suite 200, Boca Raton, FL, 33431

Office Phone: (561) 948-1591

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