2017 Mortgage Trends and What They Mean for You!
2016 proved to be a great year for real estate with historic low interest rates and home sales up 12% from 2015. But what do mortgage experts expect in 2017? While we don’t know exactly what to expect from the mortgage industry in 2017, we do know one thing – change is coming. 1. Fewer Homes on […]
Four Predictions for the 2016 Housing Market
1. Rent Prices are Expected to Increase This Year National vacancy rates for rental properties are down to 6.8%, which is the lowest rates have been in almost 20 years. With a lack of rental properties available this leaves renters with no room to negotiate prices. Rental rates are expected to rise 8% by the […]
Study Finds Consumers Shop for Everything but Their Mortgage
Americans are always shopping for a good deal, except when it comes to their mortgage. Earlier this year the Consumer Financial Protection Bureau released a report that revealed over 40% of Americans do not shop for their mortgage. The report brought out that shopping for loan rates can save you thousands by comparing just three lenders. […]