Category: Interest Rates

    • What If I Wait A Year to Buy a Home?

      National home prices have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many buyers to enter the market and lock in low rates. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over […]
      Written by Denise Zervos
    • Where Are Interest Rates Headed in 2019?

      The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. […]
      Written by Denise Zervos
    • Why Has Housing Supply Increased as Sales Have Slowed Down?

      According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes have slowed compared to last year’s numbers. For over three years leading up to this […]
      Written by Denise Zervos
    • Mortgage Interest Rates are Still Going Up… Should You Wait to Buy?

      Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates to rise another quarter of a percent by next year. In addition to the predictions from the four major reporting agencies […]
      Written by Denise Zervos
    • Should I Buy Now? Or Wait Until Next Year? [INFOGRAPHIC]

      Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.2% by the third quarte...
      Written by Denise Zervos
    • Where Are Mortgage Interest Rates Headed In 2019?

      The interest rate you pay on your home mortgage has a direct impact on your monthly payment; the higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. Economic […]
      Written by Denise Zervos
    • What Does the Future Hold for Home Prices?

      Home prices are at the top of everyone’s minds. Can they maintain their current pace of appreciation? Will rising mortgage rates negatively impact home values? Will the next economic slowdown cause prices to crash? Let’s try to answer these questions based on what has happened in the past as well as what we know about […]
      Written by Denise Zervos
    • Rent or Buy: Either Way You’re Paying A Mortgage!

      There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained in […]
      Written by Denise Zervos
    • The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]

      Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Rates are still low right now – don’t wa...
      Written by Denise Zervos