Category Archives: Mortgage Information

Information pertaining to Mortgages

Are Mortgage Interest Rates Really Skyrocketing?

The good news is, interest rates HAVE NOT skyrocketed. This guest post comes to us from our friend, Pete Green, Branch Manager at Atlantic Bay Mortgage Group. With the onset of strong home sales, housing starts, higher import price, and other key economic factors, not to mention Federal Reserve rate increases, experts pegged 30-year rates to […]


Should I Get a Mortgage in Retirement?

With the increasing debt facing many Boomers today, it may be wise to consider other options besides a mortgage in retirement. Is getting a mortgage in retirement the best idea for you? Delaware real estate broker, Kathy Sperl-Bell of Active Adults Realty discusses the realities of mortgage debt for today’s Boomers and the options they […]





The Fed Raised Rates: What Does that Mean?

You may have heard that the Federal Reserve raised rates… But what does that mean if you are looking to buy a home in the near future? Many in the housing industry have predicted that the Federal Open Market Committee (FOMC), the policy-making arm of the Federal Reserve, would vote to raise the federal fund’s […]


Where Are Interest Rates Heading?

How long will Interest Rates remain at these historic lows? The interest rate you pay on your home mortgage has a direct impact on your monthly payment; The higher the rate, the greater your payment will be. That is why it is important to look at where the experts believe rates are headed when deciding […]


How to Qualify for a Lower Interest Rate

Did You Know… If Just One Of You Apply You Could Qualify for a Lower Rate! Ken Harney, at The Nation’s Housing posed this question: When you and a spouse or partner apply together for a home loan, could you be leaving money on the table by paying too high an interest rate? His answer: […]


Existing Home Sales Bouncing Back

Despite Low Home Inventories, Existing Home Sales Are Bouncing Back!   According to Keeping Current Matters, the highlights in Home Sales Bouncing Back Graph are: Sales in December were 14.7% higher than those in November, marking the largest month-over-month increase ever recorded. Inventory levels are still below historic norms at 3.9-months supply. Median home price […]


Saving Strategies For A Down Payment

Saving for a home can take time for home buyers. What is the length of time Buyers take to save for a down payment? What are your saving strategies for a Down Payment? According to a post in Economist Commentaries, by Jessica Lautz, Director, Survey Research and Communications at the National Association of REALTORS®, “Among […]