Should You Buy Down Your Mortgage Interest Rate? | Pros and Cons
by Tom Bonetto When interest rates are high, some borrowers may choose to buy down their interest rate to lower monthly payments and make their mortgage more affordable. Buying down the interest rate means paying an extra upfront fee to get a lower rate and monthly payment. This is referred
When will interest rates fall — and how fast?
Mortgage applications are up by 25% with only slight rate changes. When will rates fall and how fast, hear what this economist has to say. When will interest rates fall — and how fast? by Russell Price, Chief Economist – Ameriprise FinancialThe direction of interest rates will undoubtedly be
Hot New Build Strategies & How Presidential Elections Impact the Housing Market
After what has been a crazy couple years in Valley real estate, we are finally seeing home prices stabilize. As things settle into the new ‘normal’ and rates start to come down, more buyers will enter the market. I listed a home last week that had 20 showings in 2 days and achieved a full price of
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