2018 Market Outlook, Trending Up

2018 Market Outlook, Trending Up

Mortgage rates could reach 4.6% or higher by the end of 2018. Home prices are expected to rise by 3% to 6% over the next year. Existing home sales are predicted to increase 2.5% and new home sales to 7%. Here are some of our predictions about the 2018 housing forecast...
Home Loan Payment Breakdown

Home Loan Payment Breakdown

Calculate your mortgage payments here PITI (Principal, Interest, Taxes, and Insurance) make up your monthly payments PMI is sometimes required but MPI is always optional. HOA prices increased by 4% from 2005-2015 Purchasing a home can come with a lot of new...
5/1 ARM Explained

5/1 ARM Explained

  5/1 ARM home loan – 5 years same interest rate, then it adjusts each year after ARMs can have minimum and maximum interest rate amounts 5/1 ARM great for short-term purchases What is a 5/1 ARM? A 5/1 ARM (Adjustable Rate Mortgage) combines elements of a...
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