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How Low Interest Rates Increase Your Purchasing Power

How Low Interest Rates Increase Your Purchasing Power

According to Freddie Mac’s Primary Mortgage Market Survey,interest rates for a 30-year fixed rate mortgage have increased by half of a percentage point, to around 4.5%, in 2018. This is still significantly lower than recent history. The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also […]

West Michigan Home Prices Over The Last Year

Every quarter, the Federal Housing Finance Agency (FHFA) reports on the year-over-year changes in home prices. Below, you will see that prices are up year-over-year in every region. Year-over-Year Price Regionally Looking at the breakdown by state, you can see that each state is appreciating at a different rate. This is important to know if […]