The Fed's Announcement As expected, the Federal Reserve Board's Open Market Committee met last week and announced that they would be raising short-term rates by 0.25%. Since the move was anticipated, there was no major reaction by the markets, ex
Jun 19, 2018 |
While homeownership has long been the American dream, buying a home is not necessarily the best choice for every person or every situation. There are many factors to consider in determining if a home purchase is the right decision for you right now. Can
Jun 14, 2018 | Purchasing a Home
Rates fell sharply in the past week. For the week ending May 31, Freddie Mac announced that 30-year fixed rates decreased to 4.56% from 4.66% the week before. The average for 15-year loans fell to 4.06% and the average for five-year adjustables decrea
Jun 05, 2018 |
Rates rose to their highest level in seven years in the past week. For the week ending May 17, Freddie Mac announced that 30-year fixed rates increased to 4.61% from 4.55% the week before. The average for 15-year loans rose to 4.08% and the average fo
May 22, 2018 |
Most homeowners with adjustable-rate loans could experience their first interest rate increase if the low-interest-rate environment ends, according to survey results released by HSBC. The study revealed that 87% of US homeowners have never experienced a r
Apr 17, 2018 |
Rates on 30-year fixed home loans moved down last week. For the week ending April 5, Freddie Mac announced that 30-year fixed rates fell to 4.40% from 4.44% the week before. The average for 15-year loans also decreased to 3.87% and the average for fiv
Apr 10, 2018 |