2014 interest rates

The Risk of Waiting

The Risk of Waiting

I often hear the phrase “I’m just looking” or “we’re waiting to buy next year.”  Not that waiting or looking are bad thoughts, but…what will it cost you in the end?  With interest rates steadily on the rise and home prices slowly increasing, could waiting do more damage than good? There are some cases that the […]

Dynamic Interest Rates

Dynamic Interest Rates

WOW!  One of my buyers locked an interest rate of 3.85%! Interest rates, just like stock, are extremely dynamic and constantly changing.  With the housing economy bouncing back after a 5 year dry spell, interest rates have climbed in response.  Last summer 2013 we watched rates climb steadily and then all at once – in the span […]