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  • Why Buyers, Sellers Shouldn't Panic

    Daily Real Estate News | Tuesday, January 12, 2016 --> Stocks globally have been off to a bumpy start in the new year, which has spawned news articles showing concern over whether a shaky housing market could be poised for a slowdown and even a similar doom to the 2007 housing crisis. But analysts say you have no reason to be ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on January 13, 2016
  • Mortgage Rates Are Staying Below 4%

    Daily Real Estate News | Friday, October 16, 2015 --> Interest rates may remain lower longer than originally expected. The Federal Reserve released recent comments that suggested it may continue to hold off in raising short-term interest rates and weaker-than-expected consumer demand is all pushing Treasury yields lower.Read more: 5 ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 19, 2015
  • Mortgage Rates Dip Below 4% Again

    Daily Real Estate News | Friday, August 07, 2015 --> For the third consecutive week, averaged fixed mortgage rates edged down as uncertainty about the economy continued to push Treasury yields lower, Freddie Mac reports in its weekly mortgage market survey. The 30-year fixed-rate mortgage dropped 7 basis points this week to 3.91 ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on August 10, 2015
  • Consumers: Real Estate a 'Good Investment'

    Consumers: Real Estate a 'Good Investment'Daily Real Estate News | Monday, April 27, 2015 --> Americans believe that real estate is the best long-term investment option for the second year in a row, according to a new survey by Gallup.Americans Sold on Real Estate? Consumers Show Shift in Home Ownership Millennials Move ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on April 27, 2015
  • Why Buyers May Find Mortgages Easier to Get

    Daily Real Estate News | Monday, February 23, 2015 --> Good news for potential home shoppers: A Mortgage Bankers Association index shows lender requirements regarding credit scores, down payments, and other key terms are finally loosening up. Some lenders are even expanding the types of mortgages they offer. These moves come after ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on February 23, 2015
  • Mortgage Rates Remain Near 2013 Lows

    Daily Real Estate News | Friday, February 13, 2015 --> Average fixed-rate mortgages are holding near historical lows, but did inch higher this week amid a stronger employment report, Freddie Mac reports in its weekly mortgage market survey. The economy added 257,000 new jobs in January, following additional increases in December ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on February 16, 2015
  • Did Mortgages Just Get Easier to Obtain?

    Daily Real Estate News | Tuesday, December 02, 2014 --> Fannie Mae and Freddie Mac's new lending guidelines went into effect Monday, which are expected to help loosen up the tight credit standards that home buyers and refinancers have faced in recent years. The guidelines clarify when lenders will be penalized for making mistakes ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on December 2, 2014
  • Fannie, Freddie to Loosen Up on Lending

    Daily Real Estate News | Monday, October 20, 2014 --> The regulator of mortgage giants Fannie Mae and Freddie Mac is reportedly working on a deal with the financing entities that will loosen up lending standards and make mortgages more affordable for those with less-than-perfect credit. The move is expected to expand home ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 20, 2014