What Home Buyers Need to Know When Mortgage Rates Rise – Even Just a Fraction

By now, we’ve all grown accustomed to the screaming, panic-inducing headlines: “Mortgage Rates Are on the Rise!” But what does this actually mean to home buyers? With mortgage interest rates notching up just small fractions of a point, is it really as big a deal as experts are making it out to be?Well, yes. […]

Mortgage rates seeing a climb

A quick note on mortgage rates. There’s plenty of information coming out about the real estate market right now- the market is looking much more rosy than recent past with increased demand and price and decreased time on the market. But what about those increased rates? Freddie Mac said the average 30-year fixed mortgage rate rose […]