Currently viewing the tag: "home affordability"

FHA Interest Rates Rallying

On March 11, 2011 By

Interest rates had been in an ugly trend from October until just a few weeks ago. We’d seen rates rise by nearly a full 1.00%.

With the spring buying market already heating up, home affordability had definitely taken a hit over the past 4-5 months. However, it probably still made sense to buy with [...]

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Home Affordability Peaked Last Quarter; Purchasing Power Sinks 10%

On March 8, 2011 By

Home affordability reached an all-time high in 2010′s last quarter. Unfortunately for home buyers, it’s been a different story since, however.

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FHA Interest Rate Predictions: Watch Inflation

On March 19, 2010 By

If you’re trying to gauge whether FHA interest rates will be rising or falling, one keyword for which to listen is “inflation”. Mortgage rates are highly responsive to inflation.

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FHA Interest Rates Recovering

On December 9, 2009 By

It’s been a crazy few weeks with mortgage rates charging all the way to all-time lows and then suffering a pretty ugly sell-off last week.

The FHA loan rate has shown surprising resilience and has now fought back since Monday to get back below 5%.

For first time home buyers who have a seller credit [...]

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