Over the course of the year, mortgage rates hovered mostly in the mid- to low-3 percent range, giving consumers historically strong affordability for several months, even as home prices rose. But in recent weeks, real estate professionals – as well as buyers and sellers – have likely noticed mortgage rates spiking to 4 percent and…
Tag: mortgage info
One More Reason to Consider Prudential Homesale
Partnering with Platinum Group Services has provided us with the expertise necessary to guide you through a smooth and stress-free real estate transaction.
Normal Home Prices Are Stabilizing
_____________________________________________________________________________________________ RISMEDIA, July 29, 2011—Prices of “normal” homes—those that aren’t foreclosures or short sales—are stabilizing and the numbers of future foreclosures are falling. That “sliver of good news for consumer spending” was included in CoreLogic’s July report on housing and market trends. In May 2011, the firm’s Home Price Index excluding distressed sales only…
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