Tag Archive: Rates

How Do I Lock in A Mortgage Rate?

September 9, 2015 by Leave a comment

Mortgage rates fluctuate for reasons far too complicated for the average homebuyer to follow, much less anticipate. The experts’ own predictions tend to be unreliable, and if you’re a buyer, even a small change in the interest rates can mean a lot of money over the term of your loan. For example, a $250,000 30-year... View Article

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Rising Mortgage Rates: Three Things To Keep an Eye On

November 21, 2014 by Leave a comment

Thanks to historically low mortgage interest rates, many have been able to live the American dream and purchase a home. Mid-September figures for the 30-year fix-rate mortgage had a national average of 4.28 percent but we all know good things come to an end. Just as 2015 comes around the corner, many real estate professionals and economists... View Article

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Is It Really Better to Buy a Home When Interest Rates Are Low?

September 1, 2014 by Leave a comment

With interest rates still low, many people remain interested in purchasing a home whether it’s their first one or second. The cost of doing so can be affordable and in a recent North Shore Bank/GMAR Home Affordability Report, shoppers in the second quarter could still buy a home with a small monthly payment as compared to late in... View Article

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Bridgeport, Connecticut Mortgage Rates and Real Estate Overview

August 29, 2014 by Leave a comment

Bridgeport, Connecticut has long been associated with manufacturing and its proximity to the New York City area. Bridgeport enjoyed early success driven by the shipbuilding and whaling industries due to its centralized location on the Long Island Sound. Bridgeport became a significant manufacturing center on the East Coast. De-industrialization occurred in the 1970’s and 1980’s and the result... View Article

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Pomona, California Mortgage Rates and Real Estate Overview

August 13, 2014 by Leave a comment

Pomona, Calif., was named in 1875 when the Roman goddess of fruit, “Pomona,” was deemed the best entry in the city’s naming contest. Interestingly, this was before any fruit trees were planted in the city: Pomona’s present fruitful abundance came later. Located west of the Inland Empire in the Pomona Valley, the city is usually considered a suburb... View Article

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Hayward, California Mortgage Rates and Real Estate Overview

July 30, 2014 by Leave a comment

The downtown district of Hayward, Calif., once called the “Golden Strip,” recently got a face lift thanks to a business deal between the city and local store owners. Hence, the city’s new sidewalks, streetlights, business facades and landscaping. This renovation is symbolic of a larger downtown renaissance in which the city has seen the opening of new galleries,... View Article

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