Mortgage Rates
Well we cannot blame this one on the Republicans: the Dallas real estate market, which had been in a heated frenzy ever since about January 2, has finally cooled heels a bit. It started on Labor Day, Ebby agent Kay Weeks told Steve Brown, when higher mortgage rates and economic uncertainties cooled the market as…
Read MoreWe got some more good news out of Case-Shiller this week, but we were quick to be warned not to get too excited. I swear, will it ever be Miller Time? Dallas-area home prices rose a record amount in June, 8% over last June, but rising mortgage rates, the growing mess in Syria, and economic…
Read MoreThis caught my eye in the Wall Street Journal last week: “more than half of all homes sold last year and so far in 2013 have been financed without a mortgage, according to an analysis by economists at Goldman Sachs Group.” According to the analysts, 20% of all homes sold before the housing crash were…
Read MoreInteresting times for the Dallas real estate market as several neighborhoods are seeing homes sell fast for thousands more than they would have just 18 months ago. But with the Federal Reserve toying with interest rate changes, will next month’s forecast be far less optimistic than the June breakdown from Local Market Monitor? “Low Risk”…
Read MoreMortgage rates are rising, the Fed is going to ease out of bond purchases and choke back on the reins. What does this mean for our real estate market, specifically, home mortgage rates? I grabbed Guardian’s Marcus McCue fresh out of a meeting with the Mortgage Bankers Association. In fact, he wrote his response while in…
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