Buying A Home? Do You Know The Difference Between Cost & Price?
As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As a buyer, you must be concerned not about price but instead…
Category Archives: Interest Rates
![Do You Know The Difference Your Interest Rate Makes? [INFOGRAPHIC]](http://renorealestatenews.com/wp-content/uploads/2015/12/Cost-of-Interest-STM-300x232.jpg)
Do You Know The Difference Your Interest Rate Makes? [INFOGRAPHIC]
Some Highlights: Interest rates have come a long way in the last 30 years. The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford. Experts predict…
Prices & Mortgage Rates Going Up in 2016
The monthly mortgage payment on a home is determined by two elements: the price of the house and the interest rate you pay on your mortgage. Recently released reports are revealing that the experts expect…
The Impact of Higher Interest Rates
Last week, an article in the Washington Post discussed a new ‘threat’ homebuyers will soon be facing: higher mortgage rates. The article revealed: “The Mortgage Bankers Association expects that rates on 30-year loans could reach…
Should I Pay A Mortgage Interest Rate Over 4%?
Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Along with Freddie Mac, Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors are all calling for…
![Slaying Myths About Buying A Home [INFOGRAPHIC]](http://renorealestatenews.com/wp-content/uploads/2015/11/Slaying-Myths-STM-213x300.jpg)
Slaying Myths About Buying A Home [INFOGRAPHIC]
Some Highlights: Interest Rates are still below historic numbers. 88% of property managers raised their rent in the last 12 months! Credit score requirements to be approved for a mortgage continue to fall. The 723…
Where Are Mortgage Rates Headed? This Winter? Next Year?
The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look…
![Fannie Mae’s Housing Forecast [INFOGRAPHIC]](http://renorealestatenews.com/wp-content/uploads/2015/11/Fannie-Mae-Housing-Market-STM-225x300.jpg)
Fannie Mae’s Housing Forecast [INFOGRAPHIC]
Some Highlights: 30-year fixed mortgage rates are projected to increase steadily over the next year. Housing Starts will well surpass 2015 numbers. Home Sales will reach an annual rate of over 6 million by the…
Applying For A Mortgage: Why So Much Paperwork?
We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about us…
Don’t Wait To Buy Your Dream Home
As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first-time or repeat buyer, you must not be concerned…
