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Month: January 2019

Last Chance! Homes are a Bargain Compared to Historic Norms

A loaf of bread used to be a nickel. A movie ticket was a dime.  Not anymore. Houses were also much less expensive than they are now. Inflation raised the price of all three of those items, along with the price of almost every other item we purchase.

The post Last Chance! Homes are a Bargain Compared to Historic Norms appeared first on Keeping Current Matters.

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Buying a House This Year? This Should Be Your 1st Step!

Buying a House This Year? This Should Be Your 1st Step! | Keeping Current Matters

In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.

The post Buying a House This Year? This Should Be Your 1st Step! appeared first on Keeping Current Matters.

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The Cost Across Time [INFOGRAPHIC]

The Cost Across Time [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years.
  • Rates are projected to climb to 5.0% by this time next year according to Freddie Mac.
  • The impact your interest rate makes on your monthly mortgage cost is significant!
  • Lock in a low rate now while you can!

The post The Cost Across Time [INFOGRAPHIC] appeared first on Keeping Current Matters.

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The Best Time to List Your House? TODAY!

The Best Time to List Your House? TODAY! | Keeping Current Matters

You may have heard that the housing market is softening. There is no doubt that buyer traffic has decreased. There are fewer purchasers in the market than there were last month and at this time last year. What you may not have heard, however, is that there is still a severe shortage of listing inventory in many regions of the country.

The post The Best Time to List Your House? TODAY! appeared first on Keeping Current Matters.

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Is the Recent Dip in Interest Rates Here to Stay?

Is the Recent Dip in Interest Rates Here to Stay? | Keeping Current Matters

Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s Primary Mortgage Market Survey.

The post Is the Recent Dip in Interest Rates Here to Stay? appeared first on Keeping Current Matters.

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