There are many different types of loans and financial instruments for buyers to borrow money from a lender and repay it in installments or as a lump sum within a specified period.
Traditional Home Loan Mortgages And How They Work Read More
The Federal Reserve continues to aggressively hike interest rates to combat inflation As the Federal Reserve continues to aggressively hike interest rates to combat inflation home buyers and sellers are both feeling the pain. According to data released by Freddie Mac on Thursday September 8th, interest rates on a 30 year fixed mortgage averages 5.89%, that’s up 23 basis points from the previous week. It’s not all bad news, this inflationary economic environment has affected many consumers
Interest rates continue to rise Read More
The market is not dead, and neither are home values declining, it’s just transitioning into a buyer’s market instead of the cutthroat seller’s market it once was a short time ago.
Are we entering a new era for home buyers? Read More
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