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Mortgage rates are still relatively
low, and with an abundant supply of inventory, house hunters have plenty
of opportunity. Nevertheless, the changed housing market has brought
new aspects to consider when looking to purchase a home.
During the peak of the current housing
cycle, developers began ...
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Mortgage rates in 2010 are expected to rise from 2009’s historically low levels. Early last year, the Federal Reserve announced plans to purchase debt and mortgage-backed securities from Fannie Mae and Freddie Mac to lower interest rates for consumers and spur homebuying. As a result, rates on 30-year, fixed mortgages fell to historic lows. ...
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• Mortgage rates currently are below 5 percent, and should remain low for the next few months, partially due to the Federal Reserve’s ongoing purchase of mortgage-backed securities. However, if the economy quickly turns around and inflation fears resurface, rates could rise to as high as 6.5 percent, slowing demand and pushing down home ...
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RECESSION, depression, inflation, and the current plethora of problems no political party wants but here we are. Some say we are in a recession some say we are not. The fact is that Washington is very worried about the economy. In 1970 the United States suffered from a recession, and it proved to be very difficult for ...
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