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Aspiring home buyers and sellers have become keenly aware that home prices are rising—reaching record heights in many parts of the U.S. But despite all the headlines and the bidding wars, the recovery from the housing bust hasn’t been felt equally in all parts of the country. It turns out that even with the national housing shortage
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Mar 29, 2017 Renting vs. Buying in a hot Housing MarketRenting vs. buying in a hot housing market (video) D. Patrick Lewis of the Arizona REALTORS® says buying now can “freeze time” and lock in your rates, even if home values rise. Kim Tobin: When the housing market crash happened, (Phoenix) was one of the hardest hit areas here in Arizona. 2017 (is) expected to
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According to Freddie Mac’s latest Primary Mortgage Market Survey (PMMS), the average mortgage rate in the U.S. dropped in late March after two consecutive weeks of increases. Sean Becketti, chief economist at Freddie Mac said, “The 10-year Treasury yield fell about 10 basis points this week. The 30-year mortgage rate moved with Treasury yields and
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