The Federal Reserve has been buying $120 billion worth of Mortgage Bonds and Treasuries each month in an effort to keep interest rates low. Lower rates often promote borrowing and stimulate the economy. These purchases have greatly influenced interest rates lower over the past year and a half. At their last meeting on November 3rd,… Read More
Tips & Tricks from My Blog
Understanding the Latest Data on Home Appreciation
Home values have been rapidly appreciating. And while appreciation is expected to continue, recent data suggests that the pace of appreciation may begin to slow. This is actually healthy for the markets, although you can count on the media to turn this into fear mongering. Let’s remember that positive appreciation means home values will continue… Read More
Making the Right Choice Between Buying and Renting
The real estate market has been very strong and because inventory levels are low, it may be more challenging to find a home to purchase. That has some people considering renting their next home instead of buying. There are a few factors to be considered before making that big decision. Some of the most respected… Read More
Act Now Before the Fed Begins Tapering
There’s a lot of talk about the Federal Reserve cutting back their buying of mortgage bonds, which is known as tapering. The purchases of mortgage bonds have helped keep interest rates low. This can be very important to you if you are considering purchasing a home or looking to refinance your current mortgage to save… Read More
More Housing Bubble Fears in the Media
Home prices have risen 41% since 2006. This has prompted another round of media fearmongering that a housing bubble is imminent. As you know, the media has been talking about a housing bubble for the past several years, only to see home prices continue to be well supported. Comparing today’s housing market to the market… Read More
To Buy or To Rent?
Deciding between buying or renting your next home? It’s true that home values have gone up quite a bit, but so have rents. In fact, the largest landlord in the US, Invitation homes, said that rents have gone up 14% since last year and they forecast that rents will continue to go up about 6%… Read More
