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Tag Archives: Fannie Mae
Where are Mortgage Rates Going?
Home buyers have enjoyed historically low mortgage rates and an improving economy in the past few years. In this type of financial climate, the question of would mortgage rates increase became how much would rates increase in 2017? When the …
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Do You Plan to Move? Maybe You Should!
Looking at the BMO Harris Bank Home Buying Report, there were a lot of interesting points made about the relationship between buyers and their homeownership journey. Of those who purchased a home, 8% bought “without any plan to buy at all.” A …
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Take Advantage of Historically Low Mortgage Rates!
Mortgage rates are predicted to steadily rise throughout 2016. The National Association of REALTORS®, Fannie Mae, Freddie Mac and the Mortgage Bankers’ Association have all projected mortgage rates to continue to go up. Rates have been slightly creeping upward since …
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The Facts about Down Payment Options
Much like the current state of politics, it is sometimes difficult to get to the facts through all the noise and misinformation. I am finding this is true as we continue to see misinformation regarding homebuyers and the issue of …
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How to Save Money For a Down Payment
After reading our post from before, (How Long Does It Take To Save A Down Payment?) it is easy to see that saving for a down payment is not only feasible but it is practical as well! Thanks to the …
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How Long Does It Take To Save A Down Payment?
In a recent study conducted by Builder.com, researchers determined that nationwide it would take “nearly eight years” for a first-time buyer to save enough for a 10% down payment on their dream home. Depending on where you live, median rents, incomes and home prices all …
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Real Estate: A Good Investment and Place to Raise a Family
We’ve said it before, and we’ll say it again. Real estate continues to be a good investment. If you look at the chart below, you’ll see that real estate still far exceeds other investments. A National Housing Survey done by …
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