Monthly Archives: July 2016
“Brexit” Leads to Lowest Mortgage Rates This Year
While the surprising vote for Britain to leave the European Union has led to more questions than answers, American homebuyers should be excited. “Brexit” has resulted in the lowest mortgage rates the U.S. has seen in over three years. The average 30-year mortgage rate hit a low of 3.46 percent earlier this month, which is... Read More
Home Prices on the Rise
The latest results from the S&P/Case-Shiller Home Price Indices are in, and once again American home prices continue to rise across the country for the 12th month in a row. The S&P/Case-Shiller U.S. National Home Price Index covers all U.S. census divisions. Over the 9 census divisions, a 5.0 percent annual gain was reported. A... Read More