We’ve seen a national housing recovery in the last few months with home prices rising nationwide by 11.2%. Many analysts are predicting that home prices will continue to rise in 2014 but at a slower, steadier pace. KCM's housing predictions for this year are especially optimistic, stating they "strongly believe that home sales will skyrocket with increases of 10-15% in 2014." […]
Your December 2013 Market Update
What an incredible (and eventful) year it's been! After a year filled with government shutdowns and economic recovery, I think we've come out strong and are ending this year on a great note! The Washington, D.C. metro/Montgomery County area has especially been a fortuitous place to be living. The winter real estate market is expectedly slower with the rush of […]
Haunting Numbers – What if Ghosts of the Past Return?
The following is a guest post from Nick Pakulla, a loan officer with Talmer Bancorp, Inc. at First Place Bank: With mortgage rates still near all-time lows and predictions that rates will continue edging up in 2014 and beyond, there are significant long-term interest savings for anyone in the market now! There are no tricks hidden in the […]
27 Months Of Consecutive Job Growth Helping Home Prices Rise
The 2013 housing market is expected to perform well. Job growth is playing a role in its recovery.
Mortgage Rates Rising On 26 Straight Months Of Jobs Growth
According to the Bureau of Labor Statistics (BLS) and its November 2012 Non-Farm Payrolls report, the U.S. economy added 146,000 net new jobs last month.
November 2012 Non-Farm Payrolls Report May Show Hurricane Sandy Effects
If you are currently in the market for, or are undecided about a mortgage, consider locking your mortgage rate today. Friday’s Non-Farm Payrolls report represents mortgage rate risk.
October Jobs Report Blows Away Estimates; Mortgage Rates Falling
Mortgage rates are performing surprisingly well after Friday’s release of the October 2012 Non-Farm Payrolls report.
Find A Mortgage Rate Strategy Ahead Of Friday’s Job Report
Friday morning, the government’s Bureau of Labor Statistics will release its Non-Farm Payrolls report.