If you’re changing your mind and considering getting an adjustable rate mortgage because of the lower rates of ARM home loans, think again. Only when you’re sure you’ve covered the risks that…
Tag: mortgage rates
Real Estate Sector: Good Things Amid the Bad
Optimists try to find rays of hope in bleak situations and refuse to be discouraged by negative developments. In the real estate sector, optimistic agents and brokers remain confident about their abilities…
Cheaper Home Loans from Smaller Banks and Credit Unions
Home loans are now cheaper, as mortgage rates continue to fall. According to Freddie Mac, the 4.44-percent average rate for fixed-rate 30-year mortgages on August 12 was the lowest rate recorded by…
Third Quarter Outlook for Home Loans
As you’re looking for your dream home, it helps if you also look at the outlook by a group of mortgage professionals for home loans for the third quarter. No definite trend…
Builders Cutting Home Prices to Step up Sales
Across the country, home builders are again cutting home prices to step up sales and reduce their inventory. After the federal tax credits ended on April 30, the pace of sales slowed,…