by Mark Chaffee | May 24, 2016 | Financial Fitness, Housing Affordability, Mortgage Tips, Owning Vs Renting
People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent. The Census Bureau recently released their first quarter...
by Mark Chaffee | May 16, 2016 | Housing Affordability, Mortgage Tips, Owning Vs Renting
The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure. Only those homes priced under $100,000 showed a decline (-4.6%). The decline...
by Mark Chaffee | May 10, 2016 | Mortgage Tips, Rate Information, Refinancing, Uncategorized
The latest report from Freddie Mac shows that the 30-year fixed-rate mortgage averaged 3.61% last week, slightly down from the week before (3.66%), and nearly 20 points lower than a year ago (3.80%). This is great news for homebuyers who are dealing with rising prices...
