Mortgage Interest Rates
By Ryan Casey Stephens, FPQP®Special Contributor The phrase ‘doubling down’ is a Blackjack term that means placing twice your bet on a promising hand. To inexperienced players, it might seem too risky, but experienced gamblers know that betting more when you’re beating the house can increase your odds of winning by as much as 15…
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It’s no secret that the past couple of years have been red hot for the housing market. But when the Fed began raising interest rates, many prospective homebuyers began worrying whether their window to purchase a home was closing. “Is it still a good time to buy a house?” The folks at Ebby Halliday say,…
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If the stock markets were a roller coaster ride, we’re at the point where gravity takes charge as passengers’ arms are thrown in the air and the whole screaming mass plummets to toward the earth. Sounds dramatic, right? Thanks to interest rate concerns, the Dow fell by more than 400 points since last Wednesday, notes…
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Despite the fact that mortgage interest rates are on the rise, the pace of home purchases hasn’t abated, says our most-trusted mortgage expert, Bob Johnson (AKA BobMortgage), the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk. Naturally, the stock market’s gradual dive has caused some trepidation for investors and buyers, but…
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It’s a busy economic news week, with new and pending home sales reports released, as well as the Fed’s favorite measure of inflation — personal consumption and expenditures. Last week ended on a moderately positive note, but many feel that rate hikes are are coming this year, says our most-trusted mortgage expert, Bob Johnson…
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