Supply of Housing Lags Behind the Demand
If you are like most buyers you wonder about where the houses are for sale in today’s tight market; it can become a major headache for those seeking to purchase a home. There has been an increase in buyer demand, and the available supply for purchase has fallen behind. The number of new housing permits […]
Mortgage Rates at Three Year Low
Rates for a 30-year fixed mortgage recently dropped to a three year low according to Freddie Mac. The company says that a 30-year fixed-rate mortgage had an average of 3.55% for the third week of August 2019; down almost a percentage point from the same period a year earlier. There has been an obvious stimulation […]