Tag Archives: low mortgage rates

The Pros and Cons of Low Mortgage Rates

Daily Real Estate News | Tuesday, July 12, 2016 Many economists saw their predictions of higher interest rates and stronger economic growth shattered this year, mainly due to global economic uncertainty which was then heightened by June’s Brexit vote in … Continue reading

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Rising Sales Contracts Make for Strong Spring

Daily Real Estate News | Wednesday, April 27, 2016 Pending home sales last month zoomed to the highest level in nearly a year, according to the National Association of REALTORS®’s Pending Home Sales Index, a forward-looking indicator based on contract … Continue reading

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4 Housing Predictions for the Rest of 2016

Daily Real Estate News | Monday, April 25, 2016 Freddie Mac economists are still upbeat about the housing market’s outlook for the rest of the year, despite recent data that showed a gloomier first quarter in economic growth than originally … Continue reading

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4 Factors Boosting Housing This Month

Daily Real Estate News | Monday, April 18, 2016 Warmer weather across the country is drawing more people to look at open houses and available homes this month, says Jonathan Smoke, realtor.com®’s chief economist. Here are four current housing market … Continue reading

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First-Time Buyers May Face a Difficult Spring

Daily Real Estate News | Tuesday, March 22, 2016 Millennials may finally be ready to buy this spring, thanks to an improving job market, low mortgage rates, and record apartment rents. But the big question: Will they be able to? … Continue reading

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Expect a Strong Spring Housing Market

Daily Real Estate News | Monday, February 29, 2016 Recent housing and economic reports predict we’ll see solid spring home sales, according to Jonathan Smoke, realtor.com®’s chief economist. Here are some signs: On jobs: “Job creation — arguably the most … Continue reading

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13 in 2013

As the housing market continues to improve, and that momentum is expected to keep going, experts say 2013 is the year to buy. Whether you are looking in Kennewick, Richland, Pasco or any of the Tri Cities surrounding areas, here … Continue reading

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Mortgage Rates Remain at or Near Historic LOWS!!

30-year fixed rate mortgage (FRM) averaged 4.22 percent with an average 0.7 point for the week ending September 1, 2011, matching the previous week when it also averaged 4.22 percent.  Last year at this time, the 30-year FRM averaged 4.32 … Continue reading

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