As Realtors and agents we are aware of the daily challenges
in the industry, specifically national issues beyond our control that impact
our individual business. One of these of late is mortgage rates. Trying to keep
up with the current news on the rates I find that opinions on where the rate is really
varies. It seems that it really is about
perspective, which is a great lesson to adapt in our daily lives.
Mortgages Are Interesting
Here are some recent headlines from national real estate
news sources:
Mortgage Professionals of America: 9/20/2013 -
Mortgage Applications Head Up as Rates Edge Down
Mortgage Applications Head Up as Rates Edge Down
Mortgage
applications were up last week as interest rates crept down, according to a
survey from the Mortgage Bankers Association.
Read the article: . http://www.mpamag.com/mortgage-interest-rates/mortgage-applications-head-up-as-rates-edge-down-15796.aspx
Bloomberg
News: 9/19/2013 Home
Sales Climb as Americans Rush to Lock in Rates
Sales of previously owned U.S. homes unexpectedly rose in August to the highest level in more than six years as buyers rushed to lock in interest rates before they increased further.
Sales of previously owned U.S. homes unexpectedly rose in August to the highest level in more than six years as buyers rushed to lock in interest rates before they increased further.
Read the article: http://www.bloomberg.com/news/2013-09-19/sales-of-u-s-existing-homes-unexpectedly-climb-to-six-year-high.html
Realtor Magazine: 9/23/2013
Mortgage Rates Level Off
Key fixed-rate mortgages held steady this week, remaining near two-year highs.
Read the article http://www.realtor.com/news/mortgage-rates-level-off/
Key fixed-rate mortgages held steady this week, remaining near two-year highs.
Read the article
No Matter Where the Rate Is At …
"No matter how success is measured, personal or professional, only the ability to dismiss distractions and concentrate on your ONE Thing stands between you and your goals. The ONE Thing is about getting extraordinary results in every situation." Gary Keller
Keller Williams: 9/19/2013
Balanced Markets; Big
Opportunities: Gary Keller’s Mid-Year Market Update Amounts to ONE Thing: More
Sales
The annual pace of home sales in July was 17.2
percent higher than it was last year, putting the industry on pace for the best
year in home sales since 2006. “The last time we saw this number was 2003,”
said Jay Papasan. http://blog.kw.com/2013/09/19/balanced-markets-big-opportunities-gary-kellers-mid-year-market-update-amounts-to-one-thing-more-sales/
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