Found 2 blog entries tagged as 30 yr mortgage rates trend.

Mortgage Rates Trend and an Improving Economy – How it Impacts You


It has started.  You hear the buzz everywhere talking about the future of interest rates, economy, and real estate market.  How many times will the Fed raise rates this year?  Should I lock in a mortgage rate now?  How is the job market doing?  Are housing prices going up?  No one has a crystal ball no matter how much one claims to know.  But let’s discuss the mortgage rates trend and how it affects buyers, sellers, realtors, and more.

Actually interest rate increases are a key indicator that the U.S. economy is improving.  Actually, low interest rates reflect a struggling economy.  For the last 10 years, the great recession and stimulus packages from the government have given…

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Benefits of Homeownership & Equity

Many of our local real estate markets are actually doing so well that there is a limited amount of inventory.  Therefore this is another factor that assists owners and sellers.  It is a sellers market so buyers must be ready to jump on the right properties.  But even buyers could also benefit from this future growth.  Building equity not only creates wealth, it creates opportunity.  Opportunities are benefits that include:

  • Tax deductions
  • Eventual paid off home
  • Fixed payments
  • Pride in ownership
  • You’re the boss
  • Use of equity for future needs

Waiting For Rates to Drop?

Again, no one has a crystal ball and practically nobody expected rates to stay as low as they did for so long.  So rates…

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