Your Weekly Real Estate News Update

 

Fixed Mortgage Rates Move Higher Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates moving higher from the previous week. The 30-year fixed averaged 3.42 percent, its highest reading since September 29, 2012. Regardless, fixed-mortgage rates still remain... READ MORE   Gen Y is Ready to Buy - Are Agents Ready to Work with Them? - by John Williamson 2013 is going to be the year of the first-time homebuyer. With home prices rebounding, the job market stabilizing, and mortgages more affordable than ever, the new wave of homebuyers are ready to act. This will be the first time that generation Y will make up the majority of the first-time home buying market. READ MORE