![Cost Across Time [INFOGRAPHIC]](http://davidmfloyd.com/wp-content/uploads/2018/07/20180706-Share-STM.jpg)
by David Floyd | Jul 6, 2018 | First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers
Some Highlights: With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.1% by this time next year according to Freddie Mac. The impact your interest rate makes on your...
by David Floyd | Jun 21, 2018 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing
With both home prices and mortgage rates increasing this year, many are concerned about a family’s ability to purchase a major part of the American Dream – its own home. However, if we compare housing affordability today to the average affordability prior to the...
by David Floyd | May 31, 2018 | First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Pricing
Mortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an additional half of a point by year’s end. Because of this increase in rates, some are guessing that home prices will depreciate....
by David Floyd | May 23, 2018 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors. Sam Khater, Freddie Mac’s...
by David Floyd | May 22, 2018 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers
According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly...
by David Floyd | May 7, 2018 | First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Pricing
We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market. As a seller, you will likely be most concerned...
