The Team Hinton Real Estate Group blog is a place for all the latest news and updates about the Real Estate market will appear. Learn all about the latest and greatest tips and tricks to buying a home or selling a home. Also, get the latest updates about Team Hinton and our ever growing team of real estate agents in Ypsilanti, Michigan.
The media has extensively covered the rise in mortgage interest rates since last fall (from 3.42% last September to the current 4.1% according to Freddie Mac). However, a less covered aspect of the mortgage market is that requirements to get a mortgage have eased while rates have risen.
Read MoreIn a study conducted by Builder.com, researchers determined that nationwide, it would take “nearly eight years” for a first-time buyer to save enough for a down payment on their dream home. Whether you have just started to save for a down payment, or have been for years, you may be closer to your dream home than you think!
Read MoreYou may have heard that the Federal Reserve raised rates last week… But what does that mean if you are looking to buy a home in the near future?
Read MoreInterest rates are impacted by many factors, and even though they have increased recently, rates would have to reach 9.1% for renting to be cheaper than buying. Rates haven’t been that high since January of 1995, according to Freddie Mac.
Read MoreWorried that your bad credit could keep you out of a mortgage! Think again. Here's how to be prepared and get the best mortgage you can - even with bad credit!
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