Freddie Mac reported a jump in the 30-year fixed mortgage rate to 6.03 percent during the week ending April 24; It went up from 5.88 percent the prior week, marking the first time in six weeks that mortgage rates rose above the 6 percent level.
The 15-year fixed mortgage rate climbed during the same period, moving […]

Looking back 10 years
10 years ago we were all younger and more energetic. You could have never imagined today you would be so different from the person that you thought yourself to be a decade’s ago. Plans change, chance events materialized, and instinctual decisions interestingly turned out to be right on. That’s the unpredictable journey […]

Under the Economic Stimulas Act of 2008, FHA and conforming loan limits are set at 125% of area median home prices as determined by HUD. 
Higher loans limits should draw many “move-up” buyers into the market since they will be able to get better loan terms.
If you have been looking to move up into a larger […]

The housing slowdown isn’t being felt in some areas around the country.
For example, in some California areas the housing supply limited.
Other metropolitan areas continued to post gains in home prices nearly every month are Seattle, Portland, OR, and Charlotte, NC. In Charlotte, home price growth has averaged around 7 percent over the last five years. […]