by Dana Ganci | Jun 14, 2018 | Mortgage, Real Estate
People often ask if now is a good time to buy a home, but nobody ever asks whether or not it’s a good time to rent. Regardless, we want to make certain that everyone understands that now is NOT a good time to rent. The Census Bureau recently released their 2018 first... by Dana Ganci | Jun 13, 2018 | Mortgage, Real Estate
According to ATTOM Data Solutions’ 2018 Rental Affordability Report, “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.” For the report, ATTOM Data Solutions compared... 
by Dana Ganci | Jun 11, 2018 | Mortgage, Real Estate
Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise Latest Home Price Insights reports that home prices have appreciated by 7% over the last 12 months. The same report predicts that prices will continue to... 
by Dana Ganci | Jun 7, 2018 | Mortgage, Real Estate
According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly... 
by Dana Ganci | Jun 5, 2018 | Mortgage, Real Estate
Every year, the New York Federal Reserve publishes the results of their Survey of Consumer Expectations (SCE). Each survey covers a wide range of topics including inflation, labor market, household finance, credit access and housing. One of the many questions asked in... 
by Dana Ganci | Mar 23, 2017 | Mortgage
In the fourth quarter of 2016 we witnessed a great number of mortgage lenders loosen their approval standards. We also saw a spike in interest rates, but if history is an indicator of where interest rates are going for the remainder of 2017, rates should flatten or...