mortgage interest rates

condominium, condominium speciaist, home loans, interest rates, mortgage interest rates, real estate

Fall Interest Rates – What to Expect

High interest rates continue to make it challenging to buy a home. Some buyers have chosen to delay their home search, holding out for mortgage rates to decline later this year. It’s highly unlikely the 3% interest rates we saw a few years ago will return in the near future, if ever. Rates crested 7% […]
buying a home, condo financing, condominium speciaist, home financing, home loans, mortgage interest rates, Robin Myers/Condo Specialist

Mortgage Interest Rate Buydowns

If you’re thinking about buying a home, the good news is mortgage interest rates continue to decline. Rates are in the low 6% range compared to over 7% a few months ago. There are ways to lower the mortgage interest rate even more with a temporary or permanent mortgage buydown, but there are pros and cons. […]
condominiums, home property values, mortgage interest rates, real estate, Robin Myers, Windermere

2021 US Housing Forecast – What to Expect Next Year

This week Matthew Gardner, Windermere Chief Economist, takes a look at the US housing forecast for 2021. Topics include mortgages, existing home sales, existing home values, new construction, the impact of homes in forbearance and the urban condo market. Overall the outlook is positive for a continuing strong real estate market and low interest rates.
buying a home, mortgage interest rates, real estate, Robin Myers, selling a home, Windermere Real Estate

How Long Will Mortgage Rates Stay this Low?

This week Matthew Gardner, Windermere Real Estate’s Chief Economist, discusses current mortgage interest rates. Interest rates are currently right around 3% and mortgage applications, driven by those historically low rates, are up 25% over the same period last year. It’s amazing to look back to the early 1980s when mortgage interest rates were in the […]