[@properties] Last month, the Federal Reserve implemented its second interest rate hike of the year and indicated there could be two more rate hikes to come in 2018. Understandably, the news created some buzz in the housing market as the Fed Funds Rate affects mortgage rates. While mortgage rates have […]
interest rates
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2013 was an exciting year for housing as record low interest rates, tight inventory and rising home prices helped bolster the market’s recovery. So what can prospective home buyers and sellers expect this year? Here are three trends to watch:
FHA is lowering its mortgage insurance premiums to help borrowers refinance into lower interest rates. Additional help to military who have been wrongly foreclosed on or denied the opportunity to refinance as well, as announced by President Obama earlier this week FHA is reducing its up-front premium to .01 percent, […]