Category Archives: Mortage/ Finance News

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Mortgage Rates Edged Higher This Week

 Daily Real Estate News | Friday, September 04, 2015 The 30-year fixed-rate mortgage averaged 3.89 percent this week, up slightly from 3.84 percent last week, on the heels of global economic turmoil and a lack of new information on The … Continue reading

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Distinctive Real Estate Statistics 6-15-15

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Driverless Cars – Could texting while driving one day be safe?

Auto makers are racing to release the first publicly available self-driving car. Manufacturers such as Audi, General Motors, Mercedes-Benz, Nissan, and BMW, among others, are testing the technology. According to officials with Bosh, a global automotive supplier, the company is … Continue reading

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Intereste Rates Projections

All of the experts are predicting 6.5 % interest by end of 2014. The Fed announced last month that they would be pulling back some of their stimulus package which has helped the housing market by keeping long term mortgage … Continue reading

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Economy Heats Up

Affordability is expected to take a hit next year as home prices and interest rates continue to head up. The upbeat real estate market news we received in 2013 presents some challenges for the year ahead. An influx of buyers … Continue reading

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Beware of This Deed Scam

If you’ve recently purchased a home, a scam may try to trick you out of more than $80. Gitte Laasby at the Milwaukee Journal Sentinel recently reported on scammers contacting new home buyers with a seemingly legitimate solicitation offering to send a … Continue reading

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Mortgage Rates Tick Up For Second Consecutive Week

Mortgage rates across the United States have risen slightly for a second consecutive week. The average rate on a 30-year fixed mortgage inched up to 4.33 percent from 4.28 percent last week, according to the latest survey from mortgage buyer Freddie Mac. … Continue reading

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VA Loans and 10 Things You May Not Know About Them

VA loans are flexible, no down payment loans for military borrowers. VA loans have unique benefits and not all borrowers are aware of these, even those who are long time borrowers. Here are 10 things you may not know. As … Continue reading

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Mortgage Rates Continue Downward Trend

Mortgage rates for the most popular loans decreased this week as reports of a weakening economic recovery showed a decline in December new home sales. Adding to the drop in averages — for the fourth consecutive week — was another … Continue reading

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