Interest rates are rising. According to Freddie Mac, the current rate for a 30-yr fixed mortgage is 4.81%, which is up a nearly a full percentage point from a year ago. While some were concerned the rising interest rates would have a negative impact on the market, particularly with first-time homebuyers, it looks as if the changes in interest rates are doing little to dampen buyer demand. According to...
Ultimate Homebuyers Guide
Think buying a home will be more affordable in 2019? There’s no denying that it’s tough out there for buyers. The inventory shortage has created a market that’s more competitive than normal. As a potential buyer, you might be thinking, “I should probably wait until next year to make a move.” But if you want to get the best deal on a home, you might want to ...