Interest Rates

Are Mortgage Interest Rates Really Skyrocketing?

The good newsis, interest rates HAVE NOT skyrocketed.

This guest post comes to us from our friend, Pete Green, Branch Manager at Atlantic Bay Mortgage Group.

With the onset of strong home sales, housing starts, higher import price, and other key economic factors, not to mention Federal Reserve rate increases, experts pegged 30-year rates to [...]

What Difference Does Your Interest Rate Make?

Do You Know the Impact Your Interest Rate Makes?

If buying your first home, or moving up to the home of your dreams is in your future, now may be the time to act! Take a look at the graph below and the interest rate comparisons. As you can see you can buy more house with your money right now than in 1985 thanks to today's low interest [...]

Real Estate Year in Review in Coastal Delaware

How can I tell you just how much better the real estate market is here in Coastal Delaware? Let me count the ways. I can tell you how busy we were showing properties to new clients and writing contracts on both new and resale homes. But when I show you the numbers for all of Sussex County, youll see that we werent the only ones busy. Numbers [...]

Tips to Present a Stronger Mortgage Application

Everyone keeps talking about how hard it is to get a mortgage with todays tighter lending standards. Many people actually disqualify themselves without even talking to a mortgage professional! But with both money and houses on sale, now is a really great time to buy. In fact, 8 of 10 homeowners would say now is a great time to buy a [...]

Buy Low, Sell High Real Estate

Thats the key to making money in the stock market but how many can discipline themselves to actually do that? To buy when stock prices are low requires a strong stomach and a belief that things will get better. Dont you want to wait until the stock starts going up just to make sure you should really trust the trend before you buy in? Several [...]