Once you’ve applied for a mortgage to buy an RCFE, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need...
If you’re thinking about buying an RCFE, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your RCFE...
Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their RCFE homes. But if you’re thinking about listing...
If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make...
In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. The rates for RCFE mortgages are about .75% – 5.0% higher, depending upon the type of financing utilized. While that news may have you questioning the timing of...
There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more...