No two ways about it. Interest rates are on the rise. And they show no sign of falling anytime soon. Just yesterday, Freddie Mac announced that interest rates for a 30-year fixed-rate mortgage rose above 4% for the first time in almost two years. So, if you wish to buy a Jersey Shore home this […]
Experts Expect Mortgage Interest Rates to Continue to Fall
Financial experts expect mortgage interest rates to continue to fall in the next few weeks. Does that mean you should wait because rates might hit near 2% before you buy a Downbeach home? Not necessarily.
Record Low Interest Rates Now Below 3%
Freddie Mac recently announced that 30-year fixed-rate mortgage loans hit their lowest point ever in the almost 50 years of company tracking with a reported 2.98% last week.