A MORE BALANCED REAL ESTATE MARKET MAY BE IN OUR FUTURE!

    The real estate tide is turning, according to Fortune Magazine’s Chris Morris. What was once a seller's market, complete with frenzied offers and multiple bidding, is beginning to smooth a bit, becoming what Realtors refer to as a “balanced market” where homes stay on the market a tad longer, and buyers actually have a chance to negotiate.

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    MANUFACTURING, FED, TRADE WAR, AND OTHER FACTORS HANG OVER RATES

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    CHINA TRADE AND FED COULD PUSH VOLATILITY INTO RATE MARKETS

    TODAY'S MORTGAGE RATE SUMMARY

    HOW RATES MOVE:

    Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day in the bond market. This means rates or loan fees (mortgage pricing) moves throughout the day, being affected by a variety of economic or political events. When MBS pricing goes up, mortgage rates or pricing generally goes down. When they fall, mortgage pricing goes up. 

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    Sellers Beware!  Statistics show that over 10% of your Buyers won't follow through.

    It's a real problem

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    How Do You Know If You Should Refinance Your Mortgage?

    Many lenders talk about the benefits of refinancing, but how do you determine if refinancing your mortgage is the right decision in the context of your personal and financial situation?

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    6 Factors that prove buying is better than renting

    Making The Right Decision

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