by Susanne Dwyer | Dec 13, 2017 | Latest News, National, News |
The Federal Reserve acted as expected on Wednesday, increasing the key interest rate one-quarter percentage point for the third time this year. The action concludes a hastened 12 months for the policymaker, which raised the rate in March and June, as well as once in...
by Susanne Dwyer | Dec 2, 2017 | Buying/Selling, Latest News, National, News |
Mortgage rates moved lower this week, with the 30-year, fixed rate averaging 3.90 percent, a decrease from 3.92 percent the week prior, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The 15-year, fixed rate averaged 3.30...
by Susanne Dwyer | Sep 30, 2017 | Buying/Selling, Latest News, National, News |
The Federal Reserve’s recent decision to not raise the key interest rate left mortgage rates unmoved this week, with the 30-year, fixed rate averaging 3.83 percent this week, the same as the week prior, according to Freddie Mac’s recently released Primary...
by Beth McGuire | Jul 29, 2017 | Consumer, Latest News, News |
Borrowers on the whole were able to accommodate the interest rate hike initiated by the Federal Reserve in December, with most successfully continuing to manage their monthly payments after the rate went up, according to a recent analysis by credit reporting agency...
by Susanne Dwyer | Jul 22, 2017 | Buying/Selling, Consumer, Latest News, News |
Many homeowners have enjoyed a return to positive equity in recent years, with home prices on a consistent upward trend in most markets. How high will values go? Potentially not much further, according to consumers in the June 2017 Survey of Consumer Expectations by...