Property Information Blog

Information on home ownership, acquisition and preservation of our interests in real property.

3rd Quarter Housing Market Statistics

Does the market seem to be changing?  The answer is yes. Why? You may ask.  Interest rates:   30 year loans have increased from 3.95% on Jan 4th to 4.72% on Sept 27, 2018. (Freddiemac).  What does this change mean?  Let's look at a 30 year loan on a $450,000 mortgage:  Principal and interest at 3.95% is $2135 per month, at 4.72% it's $2339.  Accept...
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