A further indication that the unemployment rate directly correlates with the recovery of the housing market: Fixed-rate mortgages fell to new lows again this week after a weaker-than-expected job growth in May. “Long-term Treasury yields moved lower following a weak jobs report and mortgage rates followed suit,” said Frank Nothaft, vice president and chief economist …
If you are a Chicago real estate owner, this story is going to bite. If you are in the market to buy a home, however, this story will show you that the market is yours and will be for a while. According to a recent Zillow real estate market report, U.S. home value declines in …
So perhaps we are stating the obvious, but it seems that it is the perfect time to buy a new home. Historically low mortgage rates combined with low, low prices on homes mean that families who purchase from Gerstad Builders can take advantage of the current buyer’s market and get into a quality new home. …
