It’s Hard to Imagine

Posted Posted in mortgage rates, real estate

With mortgage rates below 5% since 2009, you would think any homeowner who should refinance would have already. However, it is estimated, there are approximately 6.5 million borrowers who would benefit with significant monthly savings by refinancing. Rodney Anderson of Supreme Lending, on his weekly radio program, described a recent pipeline meeting where they reviewed […]

Rent or Buy – the cost is going up

Posted Posted in Affordability Index, first-time buyers, Housing prices, Mortgage interest, mortgage rates, mortgages, real estate, Rent versus Buy

Whether you continue to rent or decide to buy a home, according to recent Zillow 2014 housing projections, the cost is going up. Zillow projects home prices to increase nationally by 3%, mortgages to rise to 5% interest rate by the end of the year and rents to go up by 2.5% on average. If […]