We’re halfway through the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the experts predict for the second half of 2019.
Here’s what some have to say:
Danielle Hale, Chief Economist
The Cost of Waiting: Interest Rates Edition
Some Highlights:
*Interest rates are projected to increase steadily heading into 2020.
*The higher your interest rate, the more money you will end up paying for your home and the higher your monthly payment will be.
*Rates are still low right now
3 Things to Know in the Housing Market Today!
A lot is happening in the world, and it’s having a direct impact on the housing market. The reality is this: some of it is positive and some of it may be negative. Some we just don’t know yet.
The following three areas of the housing market
What is the Cost of Waiting Until Next Year to Buy?
Some Highlights:
*The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time.
*Freddie Mac forecasts interest rates to rise to 4.5% by the Q4
Are Low Interest Rates Here to Stay?
Interest rates. Every one wants a good one, as they should, and more importantly they want to know: what are the current rates and are they going to stick around?
Great question.
Interest rates for a 30-year fixed rate mortgage have been on the
“Spring Forward” With The Housing Market This Year!
Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market.
Many potential sellers
Interest Rates Hit New 12 Month Low!
According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018!
Last week’s survey results reported
2019 Will Be a Great Year for Buyers AND Sellers!
Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out in force, and there
Two More Pieces to the Home Selling Puzzle
On my recent blog this week we began talking about the initial process selling your home. With the insight of my most trusted and respected sources, I was able to share some top quality advice about what you can do to be informed during this process