Some news sites and even past reports claim about HELOCs gaining traction this 2018. To be fair, home equity lines of credit are a perennial favorite among homeowners to get cash out of their equity or simply have standby funds for the rainy day.Still, it begs the question of what makes 2018 a Read more
What Alternative Housing Options Are Available Today?
Many are keen on buying a home but few have actually explored the possibility of alternative housing. Just what are these options?There are plenty of factors that prevent many Americans from owning a home today. There’s the surge of home prices that far outruns the pace of wage growth, the Read more
What Does Rising Interest Rates Mean for You?
In the years that followed the 2008 housing disaster which affected global economies in collective, millions of American homeowners and homebuyers have benefited from historic low mortgage interest rates.The Federal Reserve’s efforts to raise the economy became a major driver in keeping this Read more
Mortgage Rates Steady – For Now
After falling for two consecutive weeks, mortgage interest rates remain steady, in tune with the 10-year Treasury yield for the week ending August 3, 2017. The 30-year fixed-rate (FRM) average rose slightly by 1 basis point.The Report According to the latest Freddie Mac Primary Mortgage Read more
Rates Dipped Slightly Below 4 Percent Mark
After the 30-year fixed-rate mortgage cleared the 4 percent mark for the first time since May last week, the latest Freddie Mac Primary Mortgage Market Surveyreported another dip, with the 30-year FRM falling slightly just below 4 percent mark to 3.96 percent for the week ending July 20,2017. The Read more
