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Tag Archives: mortgage rates
Higher Loan Limits Help Many Borrowers
New Higher Conforming Conventional Loan Limits The Federal Housing Finance Agency (FHFA) increased the conforming loan limits from $548,250 to $647,200. This is great news if you’re looking to move up and purchase a luxury home in 2022. The …
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Where are Mortgage Rates Going?
Home buyers have enjoyed historically low mortgage rates and an improving economy in the past few years. In this type of financial climate, the question of would mortgage rates increase became how much would rates increase in 2017? When the …
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Why Now is the Best Time to Buy a Home!
Many times, the holidays are seen as a slow time in real estate. However if you are thinking about buying a home, now is actually the best time! Mortgage rates have been hovering around 3.5% since June, and in November …
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June is National Homeowners Month!
Happy National Homeowners Month! This June let’s take a look at why now is the perfect time to buy a home! Owning a home is an important part of the American Dream and an important milestone in one’s life. Core …
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P.E.A.R., Not the Fruit but What Does it Stand For?
Americans are watching the real estate world slowly climb back up from our 2008 recession. Mortgage rates are at historical lows and people are realizing that not only can they afford a new house, they can upsize, downsize or even …
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Take Advantage of Historically Low Mortgage Rates!
Mortgage rates are predicted to steadily rise throughout 2016. The National Association of REALTORS®, Fannie Mae, Freddie Mac and the Mortgage Bankers’ Association have all projected mortgage rates to continue to go up. Rates have been slightly creeping upward since …
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2013 versus 2014: More about Mortgage Rates
The statistic illustrated above shows the startling difference in net worth between homeowners and renters. Homeowners’ average net worth is $174,500, while renters average only $5,100. This means the average homeowners net worth is over 30 times greater than a …
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My Best Advice To Home Buyers (Part 4)
A letter from John Inzeo, Vice President, Wisconsin Mortgage Corporation While most people’s minds are on school starting and fall weather approaching, remember that we have months left in the home buying season before saying goodbye to 2013. Acting now …
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Mortgage Rates – Where Are They Headed?
Mortgage rates have climbed almost 25% in the past quarter, which is forcing analysts to revise their projections for 2014. Above you’ll see a sample of respected approximations of where analysts think mortgage rates will be one year from today. …
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Wisconsin Mortgage Corporation Mortgage Update: Rates Still at Historic Lows!
With all the negative press about climbing mortgage rates, it’s easy to forget just how low current rates are! Check out the graph below that gives a 40-year perspective on the 30-year Fixed Rate Mortgage. If you have more questions …
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