Real Estate Drops But Second Home Market May See Increase
While homeowners fix up their properties, millions of baby boomers 40.7 million people ages 50-59 in the U.S. prepare to retire and many are predicted to enter the vacation and rental property markets, which would fuel the demand for these types of properties for the next several years.
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Why You Want a Guaranteed Loan
Todays buyers are facing quite a diverse housing market. There are great deals for buyers and investors alike. Home prices are at all-time lows and interest rates are creating some enticing conditions. There are many deals to be had, but how does a buyer know when its really safe to buy?
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Average Mortgage Rates Ease Setting New Record Lows
In Freddie Macs results of its Primary Mortgage Market Survey, the average mortgage rates dropped to new all-time record lows as data on economic growth fell short of market projections. All products in the PMMS survey, except the 1-Year ARM, averaged new lows.
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