While the Federal Reserve has promised to keep rates “low” until 2013, it is clear to many experts that the current historical lows we are experiencing will not last. According to the latest projections from the National Association of Realtors® (NAR), interest rates should gradually rise out of historic lows as we move through 2012. [...]
All articles in category: "Future Predictions,Interest Rates"
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How Long Will Mortgage Rates Remain Low?
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Mortgage rates plummet to new lows on market concerns « HousingWire
Great news if you are looking to buy or refinance a home. We didn’t think that it would happen, but it has. Mortgage interest rates have dropped again, and are at new all time lows. These incredibly low interest rates are making housing affordable even better, and are actually stimulating refinance activity, something that hasn’t [...]
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Mortgage Interest Rates Highest They’ve Been Since May
So my hopes that mortgage interest rates would remain at the all time record lows, in time for me to refinance in the new year ended. While interest rates are still incredibly low, they have continually gone up every week for the last month or so. Current interest rates are the highest they’ve been since [...]
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Mortgage Interest Rates Up – And Could Stay Up
There are lots of sings indicating that the economy is finally starting to improve. This optimism, might mean that the lowest interest rates ever are now, history. They might drop again next week, and will likely still remain low for a while, but, I have a feeling that we wont ever see an average 30 [...]
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Mortgage Rates Continue Record Slide
Guess what, Mortgage interest rates are down to record low levels, again. Just 7 more weeks until the new year, lets see if they can hold up. The cost of paying the monthly housing expense is sooooo inexpensive right now. Great time to buy if you’re looking for a new home in Utah, or if [...]
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Mortgage rates ease again | Inman News
Mortgage Rates are Down again. And it looks likes they’ve uncovered some historic interest rate surveys, so they can compare FHA rates all the way back to 1951. We’re now at less than 3 months until the new year. Will mortgage interest rates go down more? Stay the same, or start going up? Here’s what [...]
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Mortgage Rates Down, Again – But When Are They Going Up?
Well, the mortgage interest news is the same as it’s been every week for the last few months. Interest rates are down, again. According to the latest Primary Mortgage Market Survey the averaged 30 year fixed mortgage rate dropped .06% to just 4.34%. The 15 year fixed mortgage hit a new low with an average [...]
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Despite End of Fed Purchases, Mortgage Rates Still Low
There was a lot of talk about a spike in mortgage rates once the Federal Reserve stopped purchasing mortgage backed securities. Well, the purchases ended nearly a month ago, but mortgage interest rates are still really low. In fact, one of the quotes I got emailed me from a lender had rates still below 5% [...]
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Rates On The Rise? Homes For Sale In Logan Utah
CNN is reporting that as of April 1st, mortgage rates will most likely start to rise due to the fact that the government will stop buying up mortgage debt. Rates have stayed pretty low all year and it wasn’t uncommon to be quoted a rate below 5%. That may be going away soon, so now [...]
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Mortgages Explained- Utah Real Estate Blog
- Cache County Real Estate Sales Start SlowlyAs I ran the monthly sales stats this morning I was shocked at just how low the monthly home sales were for Logan Real Estate during January. Over the last few months, things looked like the real estate market had really turned a corner. It looked as if the days of super low monthly home sales were behind us. Unless January was a statistical aberration, I wa […]
- Mortgage Interest Rates at NEW Record LowsIt’s hard to believe, but mortgage interest rates hit all time lows AGAIN. It makes me just want to buy again even though I just bought. Home financing is just so cheap right now. Here is the break down from the latest Freddie Mac survey: 30- Year Fixed Mortgages 3.89% 15 year Fixed Mortgages: 3.16% 5 Year ARM: 3.23 via utahrealestate4sale.com What a fantast […]
- Investing in Multi-Family HomesOne of the best ways to invest in real estate is by investing in Multi-Family Homes. These are residential properties with 1 to 4 units. Multi-family homes offer advantages over apartment buildings, and over single family homes. If you plan to own property with the goal of obtaining long term rental income, then the best way to get started is with multi-fami […]
- Cache County Real Estate Sales Start Slowly