After a busy week in the financial markets, mortgage rates continue to hold steady near historic lows. Strong demand at Treasury auctions pushed mortgage rates slightly lower. However, concerns are mounting that the enormous expansion of government debt and the explosion of the money supply will result in higher interest rates and inflation. For homes priced under 303,000, FHA loans are … [Read more...]
Mortgage Rates, 100% Financing & PMI News
June 30, 2009 By bohannon
Filed Under: Buying a Home, Financing Tagged With: tampa home finance
Everyone Wants a Lower Price, But What About the Impact of Interest Rates?
June 15, 2009 By bohannon
When shopping for a home in the Tampa Bay area, the natural tendency of a buyer is to want to pay the lowest price possible. It's important to keep in mind, however, that the sales price is not the only factor that determines what your monthly payment will be. In fact, the impact of higher interest rates can easily nullify any benefit of waiting for a lower price. Why Should I Rush to Buy a … [Read more...]
Filed Under: Buying a Home, Financing Tagged With: Tampa Financing, Tampa Home Buying
