Posts tagged ‘mortgage rates and buying’

December 4, 2017

Can you own for less than rent? Try a search and find out.

Can you own for less than rent? Try a search and find out.

Is your apartment becoming less affordable as rents rise? Do you need to move to find somewhere less expensive to live? As long as you have to go through the trouble of moving, consider buying a home or condominium.  You may be surprised at what you can find that may cost less than your current rent. […]

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October 16, 2017

Interest rates fluctuate on an ongoing basis – from rates in the teens in the 1980s to the low single digit rates of today.  Not only are they low, but they have remained low for actually a very long time. (Currently creeping upward…) Buyers need to know what an opportunity this is – and how much […]

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September 19, 2016

The impact of interest rates on home buying power

The impact of interest rates on home buying power

Interest rates fluctuate on an ongoing basis – from rates in the teens in the 1980s to the low single digit rates of today.  Not only are they low, but they have remained low for actually a very long time. (Currently creeping upward…) Buyers need to know what an opportunity this is – and how much […]

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January 26, 2016

Interest rates greatly affect what you can afford and the long term costs. See an update here.

Interest rates greatly affect what you can afford and the long term costs. See an update here.

Interest rates greatly affect what you can afford and what a home will cost in the long run. Pay attention to them! 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio Historically, rates are very low. Low rates mean your money goes a lot further, enabling you to buy more and pay […]

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December 29, 2015

Lenders easing credit standards – making it easier for buyers to get into a home

Lenders easing credit standards – making it easier for buyers to get into a home

If you have buying a home on your to-do list for the new year, you’ll be happy to hear that lenders have been easing credit standards and plan to continue to do so.  According to Fannie Mae’s fourth quarter 2015 Mortgage Lender Sentiment Survey, 16% of lenders plan on easing standards in order to help […]

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