The Dunnican AdVantage

Are Low Interest Rates Here to Stay?

Interest rates for a 30-year fixed rate mortgage have been on the decline since November.
Posted by Cindy Dunnican on April 17, 2019 in  Buying A Home  Economic News  Interest Rates  Spring Housing Market
Are Low Interest Rates Here to Stay? Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week! This is great news for anyone who is planning on buying a home this spring! Freddie Mac had this to say, “Mortgage interest rates have been steadily declining since the start of 2019. These lower mortgag... read more
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Home Value Appreciation Stops Falling, Begins to Stabilize

Home price appreciation has ended its decline and looks to be stabilizing… and may even accelerate.
Posted by Cindy Dunnican on April 12, 2019 in  2019 Housing Market  Economic News  Home Values  Selling a Home
Home Value Appreciation Stops Falling, Begins to Stabilize The percentage of home price appreciation on a year-over-year basis has decreased each month for over a year. The question was how far annual appreciation would fall. It seems we may now have the answer. In a recent post on the National Association of Realtors’ Economists’ Outlook Blog, it was revealed that Realtors are starting to sense that home values are beginning to stabilize and that we may see appreciation beginning to acceler... read more
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