Worried About Interest Rates? Just Be Glad It’s Not the 1980s

Rising interest rates are a real concern today, but a recent blog post on Freddie Mac’s website helps put the topic in perspective. The average interest rate on a 30-year, fixed-rate mortgage this week was 4.4 percent, up from 4.32 percent last week … Continue reading

California, Bay Area Economic Recovery Still Going Strong

As we reported earlier this week, Freddie Mac recently issued a sunny 2014 forecast for the U.S. housing market but noted that job growth will play a key role in the ongoing recovery. California’s February unemployment report bolsters Freddie Mac’s optimistic outlook here in … Continue reading

Americans Staying in Their Homes Longer

Americans today are staying in their current homes longer than at any time in at least the past 50 years, and it’s not just a result of the 2007-2012 housing downturn. Data from the United States Census Bureau reveals that Americans in … Continue reading

Real Estate Roundup: Lengthy Government Shutdown Could Stall Housing Recovery

Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious: PROLONGED GOVERNMENT CLOSURE MAY HINDER MORTGAGE LOANS The U.S. government shutdown, which began October 1, could prove to be more than just a temporary annoyance … Continue reading