First Time Home Buyers
Currently viewing the tag: "Home Affordability"
This is commonly referred to as the “the jobs report” and the data strongly influences stocks and bonds and therefore is highly influential with home affordability figures. Especially in today’s economic climate and we saw mortgage rates dip lower on Friday.
Continue Reading →Home affordability continues to hit new records. Home prices have stabilized, but have not surged higher and yet we’re still seeing record lows for mortgage rates.
Continue Reading →Whether it is in the form of discounted prices, free upgrades, or closing cost credits, these homes are already priced well and just keep getting more attractive. Add in the lowest mortgage rates in history, home affordability may never be better.
Continue Reading →A major reason that interest rates dipped even lower last week was due to the rather disappointing jobs report.
Continue Reading →This week’s Interest Rate Predictions were watching today’s jobs report. First Friday of the month we get the Bureau of Labor Statistics’ “Non-Farm Payrolls” report from the prior month.
Continue Reading →Mortgage rates for most loans for first time home buyers improved on Tuesday following the release of the Fed minutes.
Continue Reading →First time home buyers are finding homes more affordable than ever before. Values are better, but these 5% interest rates really extend home affordability.
Continue Reading →First time home buyers win on the latest Existing Home Sales report. The reason is very simple: We’re going on nearly a year where the housing information was generally positive. We’re hearing more about multiple offer situations and seeing more competition for the most desirable homes.
Continue Reading →It is that time of year again when the #1 question we are asked is for mortgage rate predictions. Everyone has a prediction.
We will look at the mortgage rate predictions and take it two steps further.
Continue Reading →We talk a lot about the home affordability measures that look at home price and mortgage rates to calculate the cost of housing.
Continue Reading →