The real estate market is bouncing back and steadily improving from what might be the worst housing slump in 80 years. Choosing to begin the search for your new home now will afford you a great many choices and provide many opportunities in cost. Decreasing […]
Now is the perfect time to buy a new home as mortgage rates for a 30-year fixed mortgage rose last week after the recent Fiscal Cliff bill was proposed and signed into law by the President. Zillow recently quoted a 30-year fixed mortgage at
Market News Update: Mortgage Rates and Your Home Search Read More »
The Labor Department’s recent Jobs Report shows that 114,000 new jobs were created in September with 104,000 coming from private sector gains. This number was lower than expected though the good news is that the jobs numbers for July and August have been revised
With last week’s news that the Fed would commence another round of Bond buying, or Quantitative Easing (QE3), there was a lot of action in the financial markets. This has had a positive effect on home loan rates. Quantitative Easing is the concept of
With home loan rates continuing to be near an all-time low, many are wondering how recent economic activity will continue to affect the state of the housing market. Recent reports offer both good and bad news regarding the economy as well as the housing
Reports last week allude to good news for the economy. Amongst the numbers coming in, Retail Sales was reported at 0.8%, higher than expected. Building Permits also rose to their highest level in four years while Consumer Sentiment improved as well, coming in higher than expected.
Market Report – The Current State of the Housing Economy Read More »
The recent top economist for Capital Economics Ltd., Paul Dales, recently commented on the improving housing market, stating, “The bottom is behind us. I don’t think we will return to anything like the exceptional booming market we had five years ago (but) we will