Mortgage rates are rising, and many wonder how high they will go. Some experts predict they will plateau soon, while others believe they will continue to rise. In this article, we will take a look at some of the most recent forecasts and discuss how they could impact...
It’s no secret that interest rates are on the rise. In fact, they have been slowly creeping up for the past year. If you’re like most people, you’ve probably been wondering when is the best time to refinance your mortgage. Now may be a good time to...
In June, the Federal Reserve announced the largest spike in interest rate since 1994 as the US central bank struggles to keep inflation in check. The interest rate was increased by 0.75% in the wake of a 0.5% increase in May and a 0.25% in March. Changes in interest...
When it comes to the American Dream, homeownership is a huge component as it provides a number of economic benefits for homeowners, but this dream is sometimes harder to attain when interest rates rise. The American dream requires the ability to build equity, reduce...
In January 2022, mortgage rates hiked to their highest level of 3.76% since March 2020. Due to this rise, many people still on the fence about buying a house have become actively interested in home financing. It’s because, despite the recent increase in the rates,...
Wondering why you should care about the fixed-rate vs. adjustable-rate mortgages debate that continues to rage on in the real estate world? Read on to find out! Are you looking into financing your first home purchase and keep running into conflicting advise around...
