Rising mortgage rates of late are giving scare to would-be homebuyers. Rates that were sitting at historic lows a few weeks ago are now skyrocketing upward. A tick down here and there in between jumps, but overall, those record low rates seem to be history now. We've been seeing a slow and steady recovery according to analysts, and now rising […]
Low Vero Beach Mortgage Rates Come To An End
The days of record low Vero Beach mortgage rates have apparently come to an end as fixed-mortgage rates hover around 4%. And while there are many saying that rising rates won't hurt the housing market, others are more concerned. Many analysts seem to agree that if Vero Beach mortgage rates rise much more above where they are now, affordability could […]
Rising Rates Bad for Vero Beach Housing
Vero Beach housing is facing what some financial experts call "very concerning circumstances" when it comes to rising mortgage rates. Peter Tchir of TF Market Advisors, a New York research, asset management, and consulting firm, puts it quite simply, "Rising rates are bad, particularly bad when it comes to one of the bright spots for the U.S. economy: housing." How […]
Vero Beach Mortgage Rates Spike
Vero Beach mortgage rates have topped 4 percent for the first time in over a year, while at the same time, mortgage applications fell more than 11 percent. Diana Olick reports on how rising Vero Beach mortgage rates may impact the housing recovery. Economists are still cautiously bullish on real estate for two main reasons. First is the fact that […]
What Your Credit Score Says About You
Your credit score operates on the assumption that the near future will look a lot like the recent past, and that going forward, people can be expected to behave pretty much as they always have. Since most people will exhibit the same basic behaviors for years at a time, be they good or bad, it's not hard for the people […]
