Posts Tagged: interest rates

Tight Inventory Creates Opportunity for Home Sellers

Sales of previously owned homes tumbled in February as the housing market remained choked by tight inventory. Existing-home sales were at a 5.48 million seasonally adjusted annual rate last month, the National Association of Realtors said Wednesday. That was down 3.7% compared with January’s sales pace, which was the strongest in a decade. The median… Read more »

Interest Rates Remain Low, But For How Long?

The interest rate you pay on your home mortgage has a direct impact on your monthly payment; The higher the rate, the greater your payment will be. That is why it is important to look at where the experts believe rates are headed when deciding to buy now or wait until next year. The 30-year… Read more »