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Thanks to a poor jobs report on Friday April 5th, Arizona mortgage rates have fallen back to historically low levels. Interest rates have fallen back to levels not seen since the end of January 2013. If you are looking to purchase a home or refinance an existing home loan, now may be th...
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In other words, in totality several complex factors directly and indirectly impact mortgage interest rates. For example: Economic news (for ex: stock market direction, unemployment and new jobs) Inflation related news Global news Political news Servicing value of a mortgage (falling rates lowers ...
However, if you accept a cash offer, you can expedite this activity. With this option, you do not need inspections or mortgage applications. Plus, you also do not have to worry about lenders or denials. Minimize Risk Homeowners looking to sell their properties should consider cash offers beca...
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This will function as some protection when it comes to home values, but prices likely won’t move much until mortgage rates start to drop, which won’t happen until early next year. Home sales will still occur because there will always be households who have to move, but many buyers will...