Economy

Mortgage Rates Drop -Time to Buy or Sell Your Home?

If you were worried about the effect current mortgage interest rates may have had on your home for sale, you may be feeling a little better this week. As of July 18th, 2013, the Freddie Mac Primary Mortgage Market Survey(R) (PMMS®) reports that average fixed mortgage rates are showing reductions. "Fixed mortgage rates fell as Federal Reserve (Fed) Chairman Bernanke helped ease market concerns about the...

Your Home, Interest Rates and Quantitative Easing

You’ve no doubt noticed the increase in mortgage rates in the last month - maybe that statistic has even caused you to wonder if NOW is the time to sell your home. Happily the real estate market continues to flourish despite average rates creeping to nearly 4%, although inventory still shows significant lows. Still, you may find yourself wondering how and if these rate changes could impact the sale of...

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