Parents Say Kids’ Opinions Matter Big When Buying a Home HeritageMichigan.com Heritage Real Estate May 15, 2018 by mshinedling Leave a Comment A recent survey conducted by Harris Poll and released by SunTrust Mortgage found that “55% of homeowners with a child under the age of 18 at the time when they purchased their home said that the opinion of their offspring played a major…
Hike in Mortgage Rates Erases Affordability Relief Realtor.org Magazine August 3, 2018 © REALTOR® Magazine Borrowers got stuck with higher mortgage rates again this week. The 30-year fixed-rate mortgage climbed for the second consecutive week, averaging 4.6 percent. Mortgage rates are now at their fourth highest level of the year, Freddie Mac reports. “The higher…
After April Hikes, Mortgage Rates Slide in May Realror.org Mag DAILY REAL ESTATE NEWS | FRIDAY, MAY 04, 2018 After mortgage rates rose for most of April, they dropped slightly in the kickoff to May. The 30-year fixed-rate mortgage dropped three basis points to average 4.55 percent. “While mortgage rates have increased by one-half of…
The Shortcomings of Preapprovals Realror.org Mag DAILY REAL ESTATE NEWS | FRIDAY, MAY 04, 2018 It’s common advice for buyers to obtain a mortgage preapproval letter from a lender before going out with a real estate agent to look at homes. The rationale is that preapproval puts in writing the loan amount a buyer is…