Why Home Buyers Should Act on Low Mortgage Rates Now

Mortgage interest rates have been steadily rising and are poised to climb even higher this year. When they do, the cost of buying a home will rise as well. This could make today’s buyer’s market challenging for some prospective purchasers—particularly first-time buyers who might have to settle for smaller abodes, fixer-uppers and homes farther out…

Comments Off on Why Home Buyers Should Act on Low Mortgage Rates Now

2017 SCE Housing Survey Finds Increased Optimism about Home Price Growth

The Federal Reserve Bank of New York has released results from its February 2017 SCE Housing Survey, which provides information on consumers’ housing-related experiences and expectations. The survey, which is part of the broader Survey of Consumer Expectations, shows an increase in home price growth expectations, especially for growth during the next year. In addition,…

Comments Off on 2017 SCE Housing Survey Finds Increased Optimism about Home Price Growth