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Mortgage Rates Drop Below Three Percent Again

November 10, 2021

Despite the re-acceleration of economic growth, the recent bond rally drove mortgage rates down for the second consecutive week. These low mortgage rates, combined with the tailwind of first-time homebuyers entering the market, means that purchase demand will remain strong into next year. However, affordability pressures continue to be an ongoing concern for homebuyers.

Mortgage Rates Stay Flat
September 2, 2021
Economic growth and the acceleration in inflation have moderated in the last month, giving the markets comfort and leading to a stabilization in mortgage rates. Heading into the fall, home purchase demand is stable, home sales remain firm and above pre-pandemic levels, and inventory of unsold homes is tight but improving modestly. These factors will allow for home price pressures to ease over the remainder of the year.

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6 Quick Tips: What not to do before buying or refinancing a home

A good credit score isn't the only thing to keep in mind.

http://i2mag.com/what-not-to-do-when-seeking-residential-financing/ #

What Not To Do When Seeking Residential Financing Whether you are a first time homebuyer or looking to refinance your current home, there are a number of things that you should not do. Although you may think (or you have been told) that you have a go...

Budgeting tip:

Start doing your holiday shopping now as opposed to waiting until Black Friday. Methodically shopping early on will help prevent impulse buying and accidental overspending at the last minute.