If you are thinking about purchasing a second home, you probably already have figured out that doing so makes financial sense overall. But that doesn’t mean that there are not some hurdles to clear, one of which is figuring out how to afford the down payment. If you have not come up with a way […]
Mortgage Rates Are at Historic Lows and Home Price Increases Have Slowed Making This Favorable Time for Homebuyers
The 30 year fixed rate mortgage averaged 3.58% during the week ending Aug. 29th up three basis points from the previous week. However, mortgage rates remain near the lowest levels they’ve been over the past 3 years. For example, a year ago rates were as high as 4.69 %. This presents a prime opportunity for […]
