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How Low Inventory May Impact the Housing Market This Fall

How Low Inventory May Impact the Housing Market This Fall   Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale. Buyers are actively searching for and purchasing homes, …

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Mortgage Rates Hit Record Lows for Three Consecutive Weeks

Mortgage Rates Hit Record Lows for Three Consecutive Weeks   Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%.  Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph …

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