Today’s Rates: Conventional 30 year fixed rates currently priced at 4.125%. Conventional 15 year fixed rates currently priced at 3.25%. FHA & VA 30 year fixed rates currently priced at 3.75%. FHA and VA 15 year fixed rates currently priced at 3.375%. Jumbo 30 year fixed ... » Learn More about Mortage Rates Today
There are some renters who have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either yours or your landlord’s. As an owner, your mortgage ... » Learn More about Whether You Rent or Buy in Albuquerque: Either Way You’re Paying a Mortgage
Some Highlights: Your monthly housing cost is directly tied to the price of the home you purchase and the interest rate you secure for your mortgage. Over the last 30 years, interest rates have fluctuated greatly with rates in the double digits in the 1980s, all the way down to the near 4% ... » Learn More about The Impact Your Interest Rate Has on Your Buying Power in Albuquerque
Over the next five years, home prices are expected to appreciate 3.24% per year on average and to grow by 21.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a ... » Learn More about Building Your Family’s Wealth Over the Next 5 Years
Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists ... » Learn More about Home Prices: Where Will They Be in 5 Years?