Should I Buy?

Carla Hill – Realty Times – Full Article The amount of material promoting home buying is extensive. Financial and real estate experts from across the country know that today’s market conditions are heavily weighted in favor of buyers. Interest rates have never been lower. Home values are more affordable than they’ve been in decades. Yet, […]

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Mortgage Rates Hit Record Lows Amid Signs of Weakening Economy

Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing mortgage rates dropping sharply amid falling bond yields and signs of a weaker than expected economy. The 30-year fixed averaged 4.39 percent, its lowest level for 2011. The 15-year fixed and 5-year ARM set new historical record lows averaging […]

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Home Ownership Hits Lowest Level Since 1965

Opinion: The “American Dream” of home ownership is slowly becoming an endangered species.  If consumers do not wake up and start putting pressure on Washington, that dream could become harder to achieve. CNNMoney (08/05/11) – Les Christie FULL ARTICLEWhile the Census Bureau recently reported a decline in the U.S. homeownership rate to 65.9 percent during the second quarter, Morgan Stanley analysts say the […]

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Rates Are Great…Time to Refinance?

Right now rates are fantastic! A recent article on Bloomberg suggests that Loan Rates are nearing a record low.  If you are thinking about refinancing your mortgage, here are some things to consider. One benefit of a “Refi” is to simply reduce your monthly mortgage payment which allows you more spendable income. Depending on the […]

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