Following the Federal Reserve’s decision last week to hold off slowing it’s monthly bond purchases, mortgage rates fell this week to their lowest point in two months. Follow the link below for the full article from KATU News. Average U.S. 30-Year Mortgage Rate Down To 4.32 Percent
US home prices continue to rise leading us to the highest they have been in over 7 years. According to the chief economist for Zillow, this ongoing moderation is good for the market. Follow the link below for the full article from KATU News. US Home Prices Rise 12.4 pct., Most in 7½ Years
According to The Guardian, interest rates look like they are set to remain at record low for another 3 years. What does this mean for you? Follow the link below for the full article. What Does Mark Carney’s Interest Rate Announcement Mean For Me?
If you’re thinking about buying in the near future, this article from RIS Media is a great one to get you started. 10 Tips Every Homebuyer Needs to Know Before Buying
According to the Oregonian, Portland-area home prices rose 15.5% in July compared to a year ago. Follow the link below for the full article. Portland Area Home Prices Rise Faster Than U.S. Average
Mortgage rates are continuing to go up. At 4.46 percent, mortgage rates are the highest they have been in 2 years. By historic standards, rates remain low but the increase could affect the recovering housing market. Follow the link for the full article from KATU News: US 30-Year Mortgage Rate at 2-Year High: 4.46 Percent
The housing recovery is strengthening. According to KATU News, home prices in the U.S. rose 12.2% in May, the biggest annual gain since March 2006. Follow the link for the full article: U.S. Home Prices Rise 12.2 Percent, Best In 6 years
Home prices are the highest they have been since April of 2006. With the number of buyers growing and the limited inventory, the housing market is beginning to recover. For the full article from KATU News, follow the link below: U.S. Home Prices Rise 10.9 Percent, Most Since 2006
The average U.S. rate on the 15-year fixed mortgage fell to a new record low. Low mortgage rates have helped sustain a housing recovery that began last year. Click on the link below to read the full article from KATU: U.S. Rate On 15-Year Mortgage At Record 2.56 Percent
Buyer’s are getting anxious to take advantage of these low interest rates, but with so many people ready to transition from renting to buying, there isn’t enough inventory. Click on the link below for the full article from KATU News: US Housing Perks Up, But Too Few Homes For Sale
According the The Wall Street Journal, if you’ve been on the fence about selling your home, now might be the time to take action. With inventory thinner, there are new opportunities for home sellers. Houses are selling faster because buyers are moving faster. For the full article written by Ruth Simon, click on the link… Read More ›
According to KATU News, pending home sales is at its highest since 2010. US economist Howes says, “Housing market activity appears to have ended 2012 on a positive note and is off to a strong start in 2013.” If you’re thinking about selling, now is a great time. Click on the link below for the… Read More ›