Tag: low mortgage rates

Brexit gives mortgage seekers the gift of low mortgage rates!

Posted on June 27, 2016 by - Buying a Home, Local Michigan, Mortgage Tips, Refinance

Mortgage rates have dropped yet again in the wake of the Brexit (Britain voting to leave the European Union).  The world markets have been very volatile since the news broke early Friday morning. Financial instability brings lower mortgage rates. Now is the best time to buy a home or refinance your mortgage to a lower… Read more »

5 Reasons to be Thankful in Real Estate

Posted on November 26, 2015 by - Buying a Home, Local Michigan, Mortgage Tips

2015 has has given many reasons to be thankful in the real estate industry for this Thanksgiving season. Here are the top 5 reasons to be thankful. 1) Low Mortgage Rates Low mortgage rates mean higher purchasing power. With the low inventory for real estate in Michigan, low mortgage rates have increased buyer’s purchasing power… Read more »

WHAT TO EXPECT FROM MORTGAGE AND HOUSING in 2013

Posted on February 13, 2013 by - Buying a Home, Home Affordable Refinance Program, Local Michigan, Mortgage Tips, Refinance

Here we are already into the halfway point of February.  My how time flies when you are having fun.  Now that we have one and half months of data we can start to figure out what is going on in the 2013 housing market.  Are we picking up steam or are we losing ground.  This… Read more »

2012 Setting Record lows for Mortgage Rates

Posted on June 21, 2012 by - Local Michigan, Refinance

Mortgage rates are setting new records for all-time lows. For the seventh time in eight weeks, we are seeing record low mortgage rates. According to Freddie Mac’s weekly survey, the average prime offer rates for 30-year fixed mortgages are at a 3.66% rate, which is down from last week’s average rate of 3.71% rate.  Currently,… Read more »