What Do Higher Interest Rates Mean?
There are some who are calling for a decrease in home prices should mortgage interest rates begin to rise rapidly. Intuitively, this makes sense as the cost of a home is determined by the price of the home,… Read More
Interest Rates Going UP in 2017
According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed rate mortgage interest rate jumped up to 3.94% shortly after the election last month. Interest rates had been hovering around 3.5% since June, and many are… Read More
If You’re Thinking of Selling, Now’s the Time
If you thought about selling your house this year, now may be the time to do it. The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high… Read More
Mortgage Rates: The Deal of the Century?
As you’re looking at homes on line and dreaming about your new home, don’t forget about the most important component in the home buying equation. Your mortgage. One of the first steps to the home buying process is… Read More
Great News Riverside!
As we mentioned in our posts on Tuesday and Wednesday this week, the real estate market in Riverside is looking up. We’ve seen increases in confidence, pricing, and lending over the past few months. As if to validate… Read More
Real Estate in Riverside
Homes ARE Selling! We’re excited about where the real estate market is headed in Riverside. Over the past 6 months or so, we have seen activity in the marketplace soar. There is a sense of optimism that we… Read More
The Ransom-McKenzie Team 