Mortgage News

Rates, inventory going up – the spring housing market could be interesting

Here’s what’s in store for housing in the beginning of this year, from a look at interest rates to a set of New Year’s resolutions for millennial homebuyers. RATE SEARCH: Compare at least.

Buy to Let. just got bigger – The Negotiator On the most basic level, you have to be a good listener. Unfortunately, like most people, negotiators want to talk and be heard, and so they’ve got. After the conservative leader election, Andrew Turner, Chief Executive at Commercial Trust, wonders if there is a future for Buy to Let ? Read More Buy to Let. just got bigger

Interest rates are going up.. This year was clearly a seller’s market as a flood of potential homebuyers fought over the market’s limited housing inventory. Next year, however, could sing a.

It will be all about the affordability vs supply and demand. Mortgage rates are also expected to go up to about 4.6% by the end of 2018. 2017 Portland Real Estate Market Summary. 2017 has been still hot overall but with signs of slowing down in many areas. 2017 real estate trends have been quite interesting actually.

What You Need To Know About Buying A Home This Spring Low inventory in many markets combined with higher prices and rising interest rates can make buying a home challenging, but not impossible. blooming flowers and warmer temperatures don’t just mark the start of allergy season.

Kansas Rep. Nancy Lusk: A new era in Kansas government – bipartisanship Carson’s ‘Oreo’ Wisecrack Got Some Laughs, But Katie Porter Is Having None Of It precious conservative cruiser hugh Hewitt, doesn’t think fact checkers matter in a Republican debate. From CNN’s New Day: LORD: One last thing about Governor Christie. I was really surprised he denied that he had supported Judge Sotomayor for the Supreme Court. I happened to have written a column.The United States Congress is the bicameral legislature of the federal government of the United States, and consists of two chambers: the House of Representatives and the Senate.The Congress meets in the United States Capitol in Washington, D.C. Both senators and representatives are chosen through direct election, though vacancies in the Senate may be filled by a gubernatorial appointment.

Now that you’ve got a great understanding of interest rates, you can see how vacuous a statement it is when someone tells you to buy property before interest rates go up. If anybody says this to you, they are either ignorant or do NOT have your best interest at heart. The Fed Funds rate could easily go back to 2% over the next three years.

"And honestly, I expect that we’re going to be in a pretty good position for the spring housing market with rates a little bit lower than we have seen just a few months ago (and) more.

The optimism swirling around the spring real estate market is almost palpable. While the ground made up by the housing sector last year was encouraging, those familiar with the industry remain excited on several different levels for what this spring has in store.

Inventory is expected to increase and interest rates are expected to rise which will make things interesting this spring, said Darin Stenvers, branch manager at the Bellingham John L. Scott office.

Sales of new homes drop 6.9% in April from March’s 11-year high Property sales in Spain stood at 50,659 transactions in March, a year-on-year fall of 2.9%, according to data from the General Council of Notaries. By type of property, the sale of flats showed a strong year-on-year drop of 5.4%. The fall can be attributed to a drop in sales of both new apartments (-9.3%) and second-hand (-6.2%).

The first-time move up market, a step up from entry level, is still a seller’s market, with inventory hovering below four months. And it’s about five-months in the second-time move up.

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