Tag Archives: Interest rate

Get Out Your Calculators

Posted on July 20, 2015 by Alan Kennedy

Mortgage rates are still stable and hovering just above the 4% mark that we’ve become accustomed to. While we all wish rates were lower, it’s possible that this stability will keep the housing market from getting back into a boom/bust … Continue reading →

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How Much Should I Spend on a New Home?

Posted on January 8, 2014 by Alan Kennedy

In an effort to “keep up with the Joneses” so many people buy homes that strain their budgets, causing stress and lack of funds for other necessities. This can be avoided by forgetting all about the Joneses, looking after your … Continue reading →

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Volatile Mortgage Rates

Posted on May 20, 2013 by Alan Kennedy

As mortgage rates have been moving up and down, and up and down, it’s difficult to know when to try to lock in on a loan for the best price. This article from mortgagenewsdaily.com provides sensible targets for several types … Continue reading →

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Encouraging Improving Markets Data

Posted on May 6, 2013 by Alan Kennedy

  The Improving Markets Index is a report of data compiled by the National Association of Home Builders, which takes into account several factors to determine the strength of the housing markets across the country. As this article describes, the … Continue reading →

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Higher Home Prices a Plus

Posted on April 30, 2013 by Alan Kennedy

CNBC reports that housing prices have risen at a rate not seen since May 2006. While initial thoughts may turn to the inevitable rise in property taxes, think instead of increased equity. When housing prices decline, some find themselves owing more … Continue reading →

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Mortgage Rates Still Low

Posted on April 12, 2013 by Alan Kennedy

After historic mortgage rate lows in the fall of 2012, rates are very slowly rising, but still low, presenting a prime opportunity for home buyers. This article explains a moderate drop today in mortgage rates, and here the author discusses the slight … Continue reading →

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