House Prices: Simply a Matter of Supply & DemandWhy are home prices still rising? It is a simple answer. There are more purchasers in the market right now than there are available homes for them to
After years of holding firm at historically low levels, mortgage interest rates have started 2018 off with a bang. The 30-year fixed rate has increased 48 basis points since the start of the year, and has increased in eight consecutive weeks. What does this mean for buyers on the fence about home ownership? ACT NOW!
US Weekly average as of 01 March 2018:
30-year: 4.43% (.5 points)
15-year: 3.9% (.5 points)
5/1 ARM: 3.62% (.4 points)
Optimism from Federal Reserve Chairman Jerome Powell is sending Treasury yields higher. The economy has been surging, and, even after recent “corrections” to the major indices (DOW, S&P, and NASDAQ), the fixed rate is beginning to reflect a booming economy of record breaking stock prices and exceptionally low unemployment.
Ready to be a home owner, but not sure where to get started? Give me a call/text at 817.475.5064 or shoot an email over to firstname.lastname@example.org and I will introduce you to my trusted local lenders.
Ryan was born and raised in Fort Worth, and, after short stint in West Texas obtaining a business degree from Texas Tech University, started his real estate career in Dallas. Following college he got ....
Latest Blog Posts
Spring is on the way, and it’s a great time for some quick and easy home upgrades that, for less than $1000, can add thousands to your property value!Spring is on the way, with clear days,,