Look, mortgage interest rates have been on the rise. Right now, they are already over three-quarters of a percentage point higher than they were in January. Freddie Mac reports that rates for a 30-year fixed mortgage just rose to 4.72%. Here’s the thing: Those rates are only expected to rise. The interest rate you secure […]
According to the Case-Shiller National Home Price Index, annual home price growth slipped to a seasonally-adjusted rate of 4.80 percent in September. This was 0.30 percent lower than August’s year-over-year reading of 5.10 percent.
As prices continue to rise across the board with everything from food to gas, it’s no wonder that real estate prices are high in many cities across the USA.
The 2013 housing market is expected to perform well. Job growth is playing a role in its recovery.