Posts Tagged ‘interest rates’
Buying Land for Building a Home Versus Buying a House By Realtors® Land Institute
Whether you’re considering buying an existing home or purchasing a tract of land on which to build a new home, both options require considerable research. Both options also have some important differences you should be aware of so that y...
Low Mortgage Rates Could Hurt First-Time Home Buyers for Years To Come By Realtor.com
SvetaZi / iStock Record-low mortgage interest rates have been a boon for buyers on a budget, even luring those who have been on the sidelines into the housing market. But that influx of buyers has made an already severe housing shortage wor...
Fact or Fiction? 6 Down Payment Myths You Should Stop Believing Immediately By Realtor.com
If you're thinking about buying your first home, that pesky down payment has probably kept you awake more than a few nights. We get it—while a pre-approval is crucial for determining your buying power, it's the down payment that shows yo...
Mortgage Rates Hit New All-Time Lows—and They May Fall More By Realtor.com
There is at least one bright spot for home buyers, sellers, and owners amid the economic mayhem brought on by the novel coronavirus. Mortgage interest rates have fallen to a new record low, a boon to homeowners who may want to refinance an...
What Real Estate Agents Want You To Know About the Housing Market Right Now By Realtor.com
IP Galanternik D.U./Getty Images Spring is typically a busy time for buying and selling homes, but the coronavirus pandemic has pushed homeowners and shoppers into new, uncharted territory. Shelter-in-place orders and concerns abo...
Wow! Mortgage Rates Reach Lowest Level in Almost 50 Years By Realtor.com
Mikolette/Getty Images Mortgage rates have just dropped to the lowest level in almost 50 years, compelling both homeowners and home buyers to get off the couch to take advantage of record-level savings on their mortgage. “The aver...